Volatility Exchange-Traded Notes Trip Up Investors

Volatility Exchange-Traded Notes Trip Up Investors Play

May 2 (Bloomberg) -- Bloomberg's Alix Steel reports that banks such as Barclays and UBS AG are pitching ETNs tied to volatility as a way for investors to bet on spikes or declines in the stock market and to protect against losses, but investors are buying into the products without a full understanding of how they work. She speaks on Bloomberg Television's "In The Loop."

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