The structured products industry has become a substantial, but widely misunderstood, business. Structured products, though often deemed capricious and hard to define, have evolved into a mainstream investment product for investors all over the world, with Japan in particular seeing the issue of these products at historically high levels. Many finance professionals are aware of their existence but lack a comprehensive understanding of their history and how they function unless they are directly involved in them. With a Foreword by Gillian Tett to set the scene, Structured Products takes the reader on a tour through the past, present, and future of the industry, providing a concise and complete guide to the breadth of its scale and scope around the world. The book covers the evolution and history of the markets in the UK and Europe, Asia, Japan, and North America, their idiosyncrasies and characteristics, an analysis of the losses accrued in the past, regulatory responses (including the introduction by the European Commission of its PRIPs regime proposal), risk management and modelling, and a forecast for their future.