SRP data shows an uptick in the volume of structured products tied to fantasy sports firm DraftKings in the first half of 2021 amid more workforces making the permanent shift to a remote environment.
The Swiss bank has established a dominant footprint in the Americas structured product market and the ongoing investor interest in diversification has paved the way for aggressive innovations within Credit Suisse’s investment solutions.
Some 417 structured products worth a combined MXN16.9 billion (US$846 million) were added to the SRP Mexico database throughout April.
The Spanish bank’s Mexican arm has noted a significant uptick in structured products that are exclusively tied to the ESG theme over the past year and bleeding into the first quarter of 2021.
The Mexican financial group has seen its sales of structured products in the retail market more than halved in the first quarter of 2021.
The firm has established a dominant footprint in domestic structured product markets over the past year and during the first quarter of 2021.
The Mexican arm of the Canadian investment bank has rolled out its first MXN-denominated structured note linked to the IndexAmericas, a corporate sustainability index developed by the Inter-American Development Bank (IDB) and commercialised by BNP Paribas.
The Canadian Bank has introduced the first sustainable play in Mexico via a proprietary index.
The Brazilian structured market increased by nearly 37% in terms of issuance and by 10% in terms of volume in the first quarter of 2021 compared to the previous three months, SRP data shows.