Researchers warn against structured products
Research houses Morningstar and Lonsec have warned investors and advisers to avoid investing in complicated, opaque capital-protected products, following the Australian Securities and Investments Commission’s crack-down earlier this week on the mis-selling of products by investment banks Credit Suisse and UBS, and fund manager Instreet Investment. Morningstar co-head of fund research, Tim Murphy, said since
September 05, 2013
Regulation