Structured products with an autocall payoff captured almost 80% of the market in March.
An estimated £143m (US$190m) was collected from 70 publicly offered structured products in March. Sales were up 40% compared to February (£102m); year-on-year (YoY) volumes increased by 14%. The average monthly sales figure for the past 12 months is £133m. The number of new products rose by three month-on-month (MoM) but was down by 15 YoY (Mar 2024: 85 products). The monthly average for the past 12 months is 72 products. Fifty-one of the products issued in March were listed