Offshore, Private Banking & Institutional Market Review — February 2014

The offshore, private banking and institutional database saw a total of 1,034 products worth an estimated $2.3bn added during February, compared with $3.7bn worth of issuance recorded the previous month, posting a dramatic decline of 38%, despite the issuance figure was only slightly down from last month’s 1,064. The typical quietness of February has put a dampener on sales across the board with an apparent size reduction in per tranche sales of private banking products, while issuance remained