Derivatives for the masses

ABN AMRO launches a note to retail investors in Hong Kong, offering double performance and air-bag protection.

If a hawker outside a Hong Kong mass-transit station offers you an Iron Buddha teabag - have a read of the brochure that goes with it because it may well be about ABN AMRO's latest derivative offering. Yesterday, ABN AMRO launched its Double-UP Protect Notes which are designed to allow investors to enjoy twice the return of the underlying stocks in a rising market with an air-bag protection mechanism that helps investors reduce the risk of principal loss in...

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