As Société Générale begins the integration of Commerzbank’s markets and commodities (EMC), the exodus of senior executives from the German bank continues.
Structured products linked to a single stock make up around 60% of the number of products issued in France but account for only 2% by sales volume. Globally 55% of product issuance is linked to a single share which makes up 5% of total sales volumes.
The bank launches first note linked to Dutch benchmark index in 10 years to offer extra diversification to its clients.
Autocallables continued to deliver in May as SRP looks at the best performing products in six European markets.
Belgian trade body Belsipa reports 69% increase in sales volumes as life wrapped products prosper.
Russia’s structured products ecosystem has developed rapidly since 2017 and expanded Russian investors’ opportunities through regulatory changes, increased competition among distributors and a wider variety of underlyings and risk-return profiles.
The Personal Investment Management & Financial Advice Association (Pimfa), the UK trade association for investment managers and financial advisers, has submitted their response to the Financial Conduct Authority's (FCA) call for input for the evaluation of the Retail Distribution Review (RDR) and the Financial Advice Market Review (Famr).
The Dutch fund of structured products is aiming at institutional investors as it is fast approaching assets under management of more than €100 million.
Mondriaan Structures Fund, an investment fund that solely invests in structured products, was launched on January 1 2018. The objective of the fund is to achieve an average return in the long-term that is at least equal to the return on the stock market, but with a lower risk than a diversified equity portfolio. As of May 31 2019, the fund had €87.4 million assets under management.