The Swiss bank believes these products can be especially effective as a part of a fixed income bond ladder in a liquidity strategy.
The downside protection elements embedded in structured investments have helped market-linked notes (MLNs) and market-linked certificates of deposit (MLCDs) outperform both stocks and bonds over the last 18 months, according to UBS. In a theme update, the bank’s chief investment office (GWM) investment research team said that structured products based on its ‘Enhancing Liquidity strategy return potential with MLCDs and MLNs’ theme launched in March 2021 have been able to prote