Senior structurers at UBS discuss why equities remain the preferred underlying, how rates have transformed product economics and where the next growth opportunities may emerge.
Despite increasing innovation across asset classes, equity-linked products continue to account for the overwhelming majority of structured product issuance globally. According to UBS, the reasons are both practical and fundamental. "Equity-linked products remain dominant because they offer the deepest toolkit for delivering yield, participation, protection and thematic exposure in a format investors understand," says Julien Bieren, global head of equity structuring a