Twenty-nine products with estimated sales of £58m were added to the UK database in May, up one from the same month last year, according to SRP data.
Additionally, 36 plans struck during the month while a further 15 products matured. For the second month in a row, no products autocalled. The panic surrounding the Covid-19 pandemic has led to global indices reporting significant losses since March, with the local FTSE 100, tracked by almost 1,700 live structured products in the UK, no exception. The UK benchmark, which started the year at 7,604 points had lost 34% of its value by 23 March, and although it has somewhat recovered since, closing
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