Exchange-traded funds (ETFs) are one of the top five asset classes for the structured product market striking in the US market this year.
The new risk control proprietary indices add to a growing range of underlyings seen in the US indexed annuities market which continues to break sales records.
SRP reviewed how the various funds of structured products performed in March and Q1 2023.
The investment management firm is seeking to expand its asset management capabilities with advanced derivative-based solutions.
The bank reported one of its highest quarters of sales and trading with US structured product volumes reaching record levels in Q1.
In general, presenting structured product performance in a meaningful way is not as easy as might be first anticipated.
Barclays Bank is calling nearly half of its US-listed exchange-traded notes (ETNs) a month after revealing that its 2022 performance was ‘marred by the over-issuance of securities in the US’.
Seven of the top 10 best-selling products for the quarter were callable notes providing fixed coupons.
The US bank has added new asset classes to its derivatives price discovery tool and made changes to the methodology of one of its prop indices as Libor is discontinued.