A victory for common sense

Structured products marketers eagerly awaited the outcome of the Peekay v ANZ court appeal last month. In the end, the UK courts ruled in favour of ANZ, overturning a previous decision that found ANZ had mis-sold an emerging markets product. Common sense prevailed, it seems, but how will the case affect the market?

The marketing of structured products continues to preoccupy the minds of distributors. Every conference on the market and every article on the subject seems to contain some reference to investment product marketing. By and large, it seems, distributors have refined their marketing efforts following the UK's precipice bond debacle, thereby pleasing regulators and providing investors with more coherent information. But last year the worse-case scenario for marketers reared it head. An investor won