Index-linked Notes: To Whose Advantage?

    “There are those who know and those who don’t. All the advantages go to people who know.”     These words are from investor advocate Glorianne Stromberg in 1998. She was speaking to the ramifications of the “knowledge gap” between investment professionals and their clients. I’m reminded of the knowledge gap every time I open the newspaper, or walk by a bank branch, and see an ad for an index-linked GIC....