There was a significant shift towards products linked to single indices in H1 2022.
The best in class in the structured products industry gathered on 15 September 2022 in Chicago for the SRP Americas 2022 Awards. The full list of winners is below.
Congratulations to 2022’s SRP Americas Personality of the Year Mike Heraty, the head of Equity Derivative sales for North America at Credit Suisse. He received the most votes in the 2022 Americas awards survey.
The Swiss bank faces claims of alleged unsuitable sales and misrepresentations from a US broker dealer affiliate.
Both sales volumes and issuance suffered from the continued absence of Barclays.
SRP did the rounds to see how the various funds of structured products performed in July.
The US demographic tailwind is providing an opportunity for insurance companies to offer market exposure and protected income.
Maturing products linked to the US multinational retail corporation delivered an average return of 20.56% pa and none returning a loss.
The US regulator’s action against J.P. Morgan Securities is the latest case of unsuitable sales of structured products which exceeded the firm’s own limits.