Investors Seek Complex Indexes to Beat Stocks
Indexes that sometimes use complex strategies are attracting more interest from U.S. structured note buyers looking to diversify investments and beat this year’s stock gains.
Investors bought $662.8 million of U.S. securities tied to proprietary bank indexes this year through Dec. 6, up 5 percent from the same period a year earlier, according to data compiled by Bloomberg. Last month’s sales of $251.2 million were the most since at least January 2010.
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