Green shoots

Conference Report: Spain

The Structured Products Espana conference, held at the Hotel Melia Madrid Princesa in Madrid on February 25, was characterised by divergent views. Distributors complained that business had slowed to a halt, citing premium deposits as the main culprit in the hiving off of money traditionally captured by structured trades. "Retail investors are fed up about not getting the returns from the bull market of the past few years," said one market participant. "Many investors are just sitting in prin