John Manh, deputy head of investment solutions, La Banque Postale Asset Management talks to SRP about the popularity of the autocallable payoff profile in France and how to attract risk-averse investors.
The French structured retail market is thriving as a market for autocallable structures, largely driven by their ability to produce returns in sideways markets, according to John Manh ( pictured ), deputy head of investment solutions at La Banque Postale Asset Management. In a generalised context of declining yields, investors seeking yield have become more prone to accept exposure to riskier asset classes, with “partially-protected autocallable products” responding “well to t
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