The Swedish structured products industry has reacted rather timidly to the paper about autocalls released by the Swedish financial regulator in late November.
The Finansinspektionen (FI) stated in its paper ( FI analysis no. 46: big risks and lower returns with structured investment products ) that autocallable products are often expensive, associated with high risks, difficult to understand and in many cases don’t add any value to investors. “For our part there is unfortunately nothing to share at this stage, [but] I understand there has been some reactions from the industry,” Fredrik Bonthron, chief economist, Swedish Securities M