SRP did the rounds to see how the various funds of structured products coped with the negative sentiment in the equity markets in April.
April was a grim month for equity and bond markets. The MSCI World Index was down 8.4% while the Nasdaq fell by more than 13%, making it the worst month for this tech index since 2008. Elsewhere, European and Asian markets fared little better. Volatility spiked as investors reacted to persistent inflation, interest rates rises and the ongoing war in Ukraine. Once again Covid fears led to markets falling as outbreaks in China caused the authorities to impose strict, citywide lockdowns. In part
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