Retail investors need to understand risk, says ESMA chairman

Wed Sep 26, 2012

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Retail investors need to understand the risk of complex investment products, according to Steven Maijoor, chairman of European Securities and Markets Authority (ESMA).

The retailisation of complex products, like the increasing use of alternative UCITS, increases the risk that retail investors do not understand the risks attached to their investments and the drivers of risks and returns, according to Maijoor (pictured).

He was speaking at the...

ISSN: 2151-1845 / CDC10004H

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