One hundred and seven structured products from over 30 different distributors were added to the SRP France database in May. The number includes 55 public offers and 52 private placements.
The new digital tool allows investors to design their own structures against a fixed fee of fifty basis points.
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).