Product snapshot: Deutsche Bank clients cash in as memory coupons snowball

Investors are turning to conditional coupons provided by the memory feature in autocallables to address the low volatility environment and keep the chances of getting yield as high as in the past, according to Nicolai Tietze (pictured) , director global investment solutions, Deutsche Bank. "Currently we are in a low vol period and if the investors want to keep the conditions in terms of barrier and coupon at similar levels as in the past, they have to amend other features," said Tietze. "Curre