Nervous or overconfident? 'Unsuitable' structured product investors identified

Financial services agency Clarendon said structured product providers should not only shy away from investors who are likely to make risky investments without having enough assets to cover emergencies, but also from those that are risk averse. Nervous investors, as Clarendon called them in its report, are risk-shy investors who are likely to make investments anyhow. However they are less likely to be able to cope with any losses resulting from their risk taking emotionally. What's more, they are likely to be concerned about their investments even if they are on track to perform. ...