Sales of principal-protected ELBs’ surge; NH Investment & Securities rolls out risk control index-linked DLB.
Sales of structured products in South Korea maintained strong momentum, rising 15% to KRW6.6 trillion (US$4.5 billion) across wrappers in November compared with the prior-year period, SRP data shows. The latest volumes also reflect a gain of three percent compared to the prior month. Equity-linked securities (ELS), or capital-at-risk autocallable notes, recorded a sales tick up of five percent to KRW1.3 trillion on a yearly basis, but shrank over 39% month-on-month (MoM), reversing the soaring