Latin America News

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Mexico Market Review, July 2020: BBVA debuts VanEck Vectors Gold Miners ETF
Latin America | Market Reviews
01 Sep 2020 by Martina Tsvetkova

Four hundred and eighty-four products worth a combined MXN19.74 billion (US$886m) struck in Mexico during July – a 22.5% increase in sales volume compared to June.

Exclusive: HSBC head of Americas EQD sales exits  
International | People
26 Aug 2020 by SRP News

HSBC Bank USA veteran Todd Fruhbeis (pictured) has parted ways with the UK banking group after 15 years. The New York-based wealth management sales for the Americas executive had responsibility for the sales of markets products for retail and high net worth distribution channels in the Americas, since 2005.

Top Mexican banks’ issuances shrink
Latin America | Industry
17 Aug 2020 by Lavanya Nair & Pablo Conde

Monex and BBVA Bancomer, dominant players in the Mexican structured products market, have suffered landslide sequential plummets in both their issuances and sales during the second quarter of 2020, according to SRP data.

XP champions through Q2
Latin America | Products
14 Aug 2020 by Lavanya Nair & Amélie Labbe

While historically low interest rates sweep the nation, investors are on the hunt for more desirable product alternatives. Brazilian financial services platform XP has stepped in to cater to this growing demand and nurture the shift in risk aversion.

Mexico Market Review, June 2020: returning to normal
Latin America | Market Reviews
06 Aug 2020 by Martina Tsvetkova

The Mexican structured products market saw 419 new issuances with a combined sales volume of MXN15.9 billion (US$713m) from four different distributors in June.

Brazil market review, Q2 2020: low interest rates reshape distributor’s landscape
Latin America | Market Reviews
04 Aug 2020 by Martina Tsvetkova

Some 90 products with an estimated sales volume of BRL921m (US$179m) and from six different issuers had their strike date in the second quarter of 2020 in Brazil.

Americas top underlyings: S&P 500 still at the top
International | Products
21 Jul 2020 by Lavanya Nair & Pablo Conde

The S&P500 is once again the highest performing underlying for US structured products with the S&P/TSX 60 Index presiding over the Canadian market.

Americas top sellers: BofA’s single stock growth, income note racks up US$300m
International | Products
16 Jul 2020 by Lavanya Nair & Pablo Conde

SRP takes a look at the best-selling structured products in the Americas during the first half of 2020.

Americas - top performers: short term is king
International | Products
15 Jul 2020 by Lavanya Nair & Pablo Conde

SRP analysed the best performing products in the Americas during the first half of 2020 and found that the top investments all featured maturity dates in the months of January and February. As expected, products maturing before the Covid-19 pandemic caused the market crash in March delivered best value to investors before the market entered a period of high volatility and uncertainty.