Buyside roundup: sales up, index baskets dominate distributions

The trend follows an influx of investors who are opting to cast a wider net in terms of their portfolios and benefit from the returns of not one, but multiple underlying indices. Raymond James was one of the top 10 distributors in the US structured products market in Q2 21 , with a total of 248 products worth US$675m, according to SRP data. The firm has almost doubled its sales from its 2020 figure of US$387m accounting for 222 products. The firm distributed 113 structured products under the i