Twenty-four products with estimated sales of €60m were added to the SRP Ireland database in the last quarter of the year.
Fortem Capital partnered with Lowes Financial Management to launch the UK Defined Strategy Fund which invests in a variety of strategies most commonly seen within structured investments, aims to deliver in excess of a cash (Libor 3-months) plus five percent return per annum over the medium to long term.
Twenty-eight products with estimated sales of £82m were added to the UK database in December. There were 36 products worth £99m with strike dates during the month and 42 structures matured or autocalled.
Fourteen structured products struck in The Netherlands in December. There were also 1,699 leverage products added while 153 products matured during the month.
Bank of America (BofA) grew its continental Europe footprint in 2019 through key hires and appointments in equities which houses the bank’s structured products business.
Turnover of capital-protected structured products in the Belgian market fell by 36% in the third quarter of 2019 as both investors and banks continue to suffer from the ‘difficult’ interest rate conditions.
BBVA launched its first-ever sustainable structured note. The product is targeted at retail investors in Spain and requires a minimum investment of €20k.
One hundred and fifty structured products worth an estimated €137m had strike dates in November. Sales volumes registered a rise of almost 160% compared to October when 138 products collected €53m.
Twenty-five products with estimated sales of £52m were added to the UK database in November. Some 37 products struck during the month while 33 products either matured naturally, or autocalled.