Comparative Effectiveness of Structured Products

Student: Dzhurich Rostislav

Educational Programme: Financial Engineering (Master)

Year of Graduation: 2019

This study is aimed on the comparative effectiveness of structured products that are issued on the Swiss stock exchange over the period 2017-2019. The volatility of the financial market has caused the effect of "risk aversion" among investors, thereby increasing the demand for products that guarantee a return on investment. However, a complex system of pricing and cash flow does not always allow the investor to correctly estimate their fair value. The main goal of this paper is to provide an effective model of valuation of stractured products, by forming an alternative portfolio with a same financial characteristics. In result, it was found, that stractured products that are issued on Swiss stock exchange are overvalued by 3,9%.

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