North America News

USA Market Review - March 2019

North America | Market Reviews

30 Apr 2019 by Yordan Ivanov

A grand total of 1,659 structured products from 34 different providers and worth $4.9 billion were added to the SRP USA database in March compared with 1,763 products with a sales volume of $5.4 billion which were added during the same month in 2018. Six hundred and seventeen products matured during the month releasing $2.8 billion back onto the market.

BofA remains stable on back of consumer banking performance

North America | Industry

30 Apr 2019 by Amélie Labbe

Its global markets and global wealth units reported a drop in figures in spite of the bank launching in March the highest selling structured product in the US market

Annuities: new three-year FIAs targets retail, institutional channels

North America | Products

26 Apr 2019 by Pablo Conde

Great American Life debuts short-term annuities; Securian targets banking channel; accumulation annuities to outpace income-focused products

JP Morgan Q1 2019: record income and revenues

North America | Industry

23 Apr 2019 by SRP News

The bank reports record income and revenues in first quarter while remaining the number one structured product provider in US.

Citi launches first US structured green bonds

North America | Products

23 Apr 2019 by Pablo Conde

Luma structured products platform adds investment product pioneer

North America | People

17 Apr 2019 by Pablo Conde

Luma Financial Technologies, the independent, multi-issuer, online platform that provides broker/dealers, registered investment advisers (RIAs) and banks with a feature-rich marketplace for structured products and annuities, has announced that Stephen Bodurtha (pictured), an investment product pioneer and co-inventor of the Select Sector SPDRs ETFs, has joined the firm’s board of directors.

Product snapshot: BMO capitalises on demand for alternative underlyings

North America | Products

17 Apr 2019 by Suzi Hampson – Future Value Consultants (FVC)

The Canadian market is unlike many other regional markets in that its benchmark index, the S&P/TSX 60 Index, makes up a relatively small percentage of market share of structured product issuance, comprising only 3.03% in 2018.

Merrill Lynch hits jackpot with Barclays play in US

North America | Products

11 Apr 2019 by SRP News

The US bank is behind eight of the top 10 best-selling structures after partnering with six different issuers in March

Limra: rising rates, volatility are the perfect recipe for structured annuities growth

North America | Products

05 Apr 2019 by Pablo Conde

Indexed annuities are set to continue growing in 2019 on the back of ‘attractive’ interest rates and market volatility