Yankovskii D.I.National Research Lobachevsky State University of Nizhny Novgorod (UNN), Nizhny Novgorod, Russian Federation dm.yn@icloud.com
Ginzburg M.Yu.National Research Lobachevsky State University of Nizhny Novgorod (UNN), Nizhny Novgorod, Russian Federation ginzburg@iee.unn.ru
Importance The research analyzes contemporary publications on the use of structured investment products as part of the placement of private investors' assets during crisis and post-crisis periods in national economies. The research focuses on financial relationships arising from the placement of individuals' financial assets and handling of financial derivatives. The research examines structured investment, their financial engineering and implementation in the market. Objectives We identify and provide the rationale for developing collective investment institutions as part of creating the favorable investment climate in the national economy, and scientifically substantiate that structured investment is reasonable when placing financial assets of individuals. Methods While examining the process of investing in structured products and financial derivatives, we refer to the existing theories of appraising the value of financial derivatives and return on them, using comparative scientific methods and financial analytics. When analyzing macroeconomics indicators, we applied methods of comparative statistics. Results We prove that it is necessary to use structured investment and financial derivatives in collective investment institutions, as it generally has positive effect on national and global economies provided investment aspects are appropriate. The article presents the classification of structured investment products, which has a theoretical underpinning, being supported with financial activities of international banks and investment institutions. Conclusions and Relevance We conclude that there are considerable and substantial premises and reasons for using structured investment and financial derivatives in collective investment institutions. The research is of practical value for financial institutions and their transactions with private savings. The article illustrates examples of using structured notes, dual currency deposit for various purposes, depending on a type of the private investor.
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