The offshore, private banking and institutional database saw a total of 405 products worth an estimated $1.91bn added in August compared to $2.76bn worth of issuance recorded last month, posting a significant drop of 30.7% along with much reduced issuance. The landslide fall in sales was attributed to shrinking demand for private placement issuance in high grossing countries South Korea and Switzerland and institutional products in Mexico; rising net capital outflow from the non-retail segment l

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