Perpetual in motion

Perpetual

sp-mar09-13-gif

"The rapid growth of the retail structured products market in Australia came to a halt last year," says Russel Chesler, Sydney-based general manager for structured products at Australian fund manager Perpetual. "Last June, we saw fewer products come to market while several products were withdrawn due to a lack of support," says Chesler.

The retail structured products market in Australia reached a high of A$2.8 billion (US$1.8 billion) in June 2007, only to slump a year later to just A$800 million