Equity markets suffered a whiplash effect before and after the second weekend of May, with the Eurostoxx 50 dropping 4.26% on Friday, May 7, only to bounce back by 10.35% the following Monday.
US distributor Advisors Asset Management made the right call in choosing principal protection over reverse convertibles before the economic storm, and is now seeing a push towards equity, income and interest-rate products.
Nordic bank DnB Nor will resume distribution of structured products to high-net-worth investors and affluent retail clients in Norway on May 25. The two new products, translated roughly as “Global ‘Trigg’ (safe)” and “Top Norden” (top selected...
Royal Bank of Scotland (RBS) and National Australian Bank (NAB) have teamed up to offer a product called Re-Strike, which will give investors with non-performing investments the chance to reset capital. RBS is the issuer.