The recent bout of market volatility is likely to have served as a reminder to financial advisers that they need to make use of every available weapon in their arsenal when it comes to generating returns and income for clients, as well as preserving their capital. One piece of potential firepower many advisers still tend to overlook, however, is the structured product – but are they missing a trick?
Any lingering mistrust can be traced back almost exactly 10 years to the start of the global financial crisis, when a number of big-name counterparties underpinning the products – most notably Lehman Brothers – defaulted and investors lost significant amounts of capital. Further shaking people’s faith in the sector, the FCA has not been shy to issue warnings over what it views as the dangers associated with structured products.
As we head into a new phase of the market cycle, however, with the central banks on either side of the Atlantic raising rates and unwinding the last decade’s unprecedented programme of quantitative easing, is it time to reconsider the case for structured products in investors’ portfolios? That is the key question this live Professional Adviser webinar – in association with Cazenove Capital – will look to answer.
The panel will consider how structured products have evolved over the last decade, the different types available and how they might best be used as part of a suitably diversified portfolio. In particular, our experts will focus on their potential advantages – not least in the context of a return of, as much as on, capital – and their associated risks and the need to carry out appropriate due diligence to ensure the right choice are made. Viewers are encouraged to pose their own questions to the panel as the webinar progresses.
Presenters
Davydd Wynne
Portfolio director and head of structured products at Cazenove Capital
View presenter infoDavydd has been with Cazenove for over 11 years and has an MBA from the London Business School, is a member of the CFA, and has over 20 years’ investment experience. Prior to joining Cazenove Capital, Davydd has worked at Rothschild, C Hoare & Co and Gartmore.
Carrie Devonshire
Director and independent financial adviser at Athena Wealth Planning
View presenter infoI started providing financial advice to Retirees, Business Owners, Company Directors, Partners, High Net Worth individuals and their families in 1999.
I am a Chartered Financial Planner and hold the Fellowship of The Personal Finance Society, universally regarded as the premier qualification within the financial services industry. I take pride in building and maintaining long term professional advisory relationships which hold independence and trust at their very heart.
My passion is holistic financial planning, developing and protecting wealth to be used at key life stages, where appropriate, and then passed cross-generationally in a manner as efficient as possible. My ethos driven by integrity of the highest order.
I am committed to provide a highly proactive, client specific and tailored advice service, using Personal Cash Flow Modelling and tax efficient strategies, surrounded by solid investment management research throughout an advisory relationship – my focus is to ensure that my clients are able to achieve their financial aims as quickly and efficiently as possible.
This leads to many outcomes; early retirement, increased wealth and income in retirement, significant wealth being passed down generations, all coming from a thorough and in-depth knowledge of both my clients and financial planning practices as they develop over the years. Building long term relationships is really important to me, looking after clients and their families, in good times and bad, ensuring that I am always available to ‘hold their hand’ in times of need. But also celebrating their successes along the way.
Julian Marr is editor of Professional Adviser, Incisive Media’s news, opinion and analysis website for UK financial advisers. Prior to rejoining Incisive in March 2016, he was editorial director of financial adviser resources Adviser-Hub and Events-Hub as well as a regular contributor to a variety of financial magazines and co-author, with Cherry Reynard, of Investing in Emerging Markets – the BRIC economies and beyond, published by John Wiley & Sons. Before joining Adviser-Hub in 2008, he was editorial director of Incisive Media’s Investment Division, including Investment Week and Professional Pensions. His career as an investment journalist, writer and conference moderator now spans two decades, including five as editor and then publisher of personal finance magazine Bloomberg Money. He used to be a solicitor but that really was a very long time ago.
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