Why FWD’s CIO champions the use of derivatives

Some investors fear derivatives; regulators more so. It's why much of the focus since the global financial crisis has been on bringing them onto regulated exchanges and getting them cleared through central counterparties. It's also why references to them can occupy a lot of space on many of the disclaimers seen on investment materials, especially if directed at retail investors.   Paul Carrett, the chief investment officer of Asian insurer FWD Group, thinks differently and says …