As 2025 draws to a close, the structured products market is emerging from a year defined by shifting volatility regimes, a rotation in investor preferences and uneven issuance patterns across regions.
Capital protection remains a good gauge for risk appetite among retail investors and equities have reasserted themselves as a key driver of demand with asset allocation trends reflecting a global search for stability amid geopolitical uncertainty and divergent monetary policies. Fully capital protected products went down in issuance and up on sales SRP data shows that products offering more than the initial capital in Europe were down 34%, from 927 products offering full capital protec