Structured products linked to equities and equity indices experienced a strong recovery in Q1 2025, with sales volumes increasing by 141% QoQ.

In the first quarter of 2025, turnover for structured products issued on the Belgian primary market accounted for €687m (US$791m), according to figures released by the Belgian Structured Investment Products Association (Belsipa). We expected investor activity to slow down but remain optimistic for the second quarter -  Florence Devleeschauwer Sales volumes decreased by 68% compared to the previous quarter (Q4 2024: €2.1 billion); year-on-year (YoY) volumes were down 36%. Forty