Heightened volatility linked to Middle East tensions is driving Australian advisers toward structured products as demand for yield accelerates.
Australian tech platform Stropro has recorded a 63% year-on-year surge in notional from structured products traded in the first quarter of the year, driven by new advisory client onboarding amid heightened volatility triggered by the Middle East tensions. Activated advisors on the Sydney-based multi-issuer platform grew by 45% year-on-year in the three months ended March, including both the traditional independent advisors and ex-private banking-turned independent segments, according to Ben Str