Description: Involving the Question of Utility for the Design of Structured Equity Products in the Wealth Management Market by Stefan Modrow Doctoral Thesis / Dissertation from the year 2017 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,0, language: English, abstract: The market for retail investment products is traditionally dominated by saving deposits, various types of funds, and life insurance products. The liberalization of the capital market in the 1990s and the foundation of option exchanges gave more investors access to derivative products. Financial institutions started to manufacture investment products as a combination of zero-coupon bonds or shares and derivatives. Structured equity products are "wrapped" into bond-like structures, receive security identification numbers, and are traded on regulated markets. Issuers quote bid and ask prices to make the products available for buying and selling activities. Investors pay a notional amount upfront in the form of a lump sum and get access to payoff profiles otherwise not offered in the private wealth management market. Financial institutions distribute the structured equity products through their retail advisory channels in which intermediaries give personal advice to retail clients about the attractiveness of products. The financial market crises in the year 2008 made several poor selling practices evident and revealed the existence of questionable structured equity products in the wealth management of financial institutions. The lack of strict governance rules in the issuing process of structured equity products became apparent. Financial institutions were criticized for making structured equity products artificially complex, overpricing products, betting against clients risk positions and designing products for implementing a wealth transfer model from retail clients to financial institutions. FORMAT Paperback LANGUAGE English CONDITION Brand New Long Description Doctoral Thesis / Dissertation from the year 2017 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,0, language: English, abstract: The market for retail investment products is traditionally dominated by saving deposits, various types of funds, and life insurance products. The liberalization of the capital market in the 1990s and the foundation of option exchanges gave more investors access to derivative products. Financial institutions started to manufacture investment products as a combination of zero-coupon bonds or shares and derivatives. Structured equity products are "wrapped" into bond-like structures, receive security identification numbers, and are traded on regulated markets. Issuers quote bid and ask prices to make the products available for buying and selling activities. Investors pay a notional amount upfront in the form of a lump sum and get access to payoff profiles otherwise not offered in the private wealth management market. Financial institutions distribute the structured equity products through their retail advisory channels in which intermediaries give personal advice to retail clients about the attractiveness of products. The financial market crises in the year 2008 made several poor selling practices evident and revealed the existence of questionable structured equity products in the wealth management of financial institutions. The lack of strict governance rules in the issuing process of structured equity products became apparent. Financial institutions were criticized for making structured equity products artificially complex, overpricing products, betting against clients risk positions and designing products for implementing a wealth transfer model from retail clients to financial institutions. Details ISBN3668810400 Author Stefan Modrow Pages 192 Publisher Grin Verlag Year 2018 ISBN-10 3668810400 ISBN-13 9783668810402 Format Paperback Publication Date 2018-09-07 Imprint Grin Verlag Illustrations Illustrations, black and white Language English Audience General/Trade We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:159634233;
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ISBN-13: 9783668810402
Book Title: Involving the Question of Utility for the Design of Structured Eq
Publisher: GRIN Verlag
Publication Year: 2018
Subject: Marketing
Item Height: 210 mm
Number of Pages: 192 Pages
Language: English
Publication Name: Involving the Question of Utility for the Design of Structured Equity Products in the Wealth Management Market
Item Weight: 259 g
Type: Textbook
Author: Stefan Modrow
Item Width: 148 mm
Format: Paperback