Regulatory paranoia hits Swedish market
The Nordics structured products market has seen a significant decline in activity over the last 18 months with Sweden leading the downward trend with a 36% fall in sales and 27% decrease in product issuance. The sliding backdrop has seen a number of providers reviewing their strategies over the last few months and even halting their issuance altogether as Skandia did at the end of the summer after a review which concluded that as a customer-owned company its strategy will focus on its core business - retirement and financial security.
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