Since their Covid-induced collapse in March 2020, the financial markets have shown a consistent upward trend, which is reflected in the performance of shares and indices that are used as underlying for structured products.
The revolving doors remain in motion as the French bank continues to implement its new global banking and investor solutions strategic roadmap.
The changes are aimed at providing ‘more clarity to consumers about what the products are, the risk presented and information to help understand likely future performance’.
A strong subscription from a single client has helped the fund maintain its momentum as it looks to add institutional clients to its portfolio.
Some 11 products with estimated sales of €27.5m were added to the SRP Ireland database in the second quarter of 2021.
Product suitability and appropriateness are critical for the buy-side to grow the market and make structured products mainstream.
Following the announcement in March 2021, BNP Paribas is set to finalise the acquisition.
Forty-one products with estimated sales of £79m were added to the UK database in June, up 11 compared to the same month last year.
The Finnish market held its own in the first half of 2021 with solid volumes recorded during the semester.