Autocallable reverse convertibles and phoenix autocalls recorded a higher market share this year in the region.
Estimated sales of equity-linked structured products jumped by a quarter in the first half of the year in Asia Pacific (Apac) ex-China, with its latest estimated sales making up around 80% of the market share across asset classes, SRP data shows. In the equity and equity indices- segment, autocallable reverse convertibles were one of the fastest-growing payoff structures in the region, with its market share per estimated sales soaring to 27% in the six months ending June from just three percent