Many investors in structured products used to pay little attention to the risk of the underlying issuer, but the collapse of Lehman Brothers has led to an increased focus on counterparty credit quality, writes Elisa Trovato
Responsible innovation in the structured products market can give more choice to investors, writes Giuseppe di Stani, allowing them to decide on the levels of risk they wish to take on
Risk management need not mean elaborate and expensive control programmes, explains Carl Hanssens, but it must start with open and honest dialogue between upper and line management