Offshore, Private Banking & Institutional Market Review — November 2013

The offshore, private banking and institutional database saw a total of 1,041 products worth an estimated $2.30bn added in November compared with 3.61bn worth of issuance recorded last month, posting a considerable decline of around 36%, while monthly issuance fell by only 7%. The drastic decline in the sales was partly explained by the considerable setback in per tranche sales of private banking products, demand fatigue experienced in high-grossing countries South Korea and Switzerland after th