structured products l february 200542 the italian market for institutionally managed saving accounts 910 billion as reported last december by monthly report of assogestioni 1 while bull markets 1990s encouraged investors at all levels to see themselves perspicacious geniuses with a personal dynamic involvement in their actively recent bearish phase means that retail behaviour is now more mixed bag displaying both conscious risk aversion and moderate desire gamble 2 are an extremely flexible powerful tool satisfy such changes nature demand enable tailor made solutions can match current sentiment unfortunately many still perturbed spate finan cial scandals which added dash indignation exisiting concerns over bear uncertain geopolitical situation crisis confidence according survey ente einaudi 3 total value ital ian savings fell 2004 increasing liquidity parked instead being invested active financial instru ments than year after on those
