Structured Products in Wealth Management

Preface

Wegelin & Co. Private Bankers have a long history of developing structured products – in fact, they were involved in the very first issues in Switzerland. Since then the market for these products has gone on to become one of the fastest growing in the financial world. Dr. Steffen Tolle was the pioneer, and the leading figure in the first product launches. In addition, Dr. Hanspeter Wohlwend’s dissertation, Der Markt für Strukturierte Produkte in der Schweiz (The Market for Structured Products in Switzerland), forged an important link between theory and practice. Patrik Rüthemann and Boris Hutter are responsible for the issuance of equity-linked derivatives and related research coverage in the Structured Products department of Wegelin & Co. Their product solutions are tailored to the needs of investors in a given market environment.

Structured products have been largely overlooked in the relevant literature, and books on how to make the best use of these instruments are few and far between. With the aim of making information on these products more accessible to investors, we wrote the German version of this book in 2005. The conceptual foundation for the project was laid in New York, a vibrant metropolis and the centre of the financial world, but the final touches were added at home in a cabin in the Swiss Alps. After the success of the German, French and Italian editions, we decided to publish this edition in English, which has been internationalized and brought up to date. ...