UK Wrap: Growth and income products proliferate despite rising volatility

Further market unrest, exemplified most recently by the 'flash crash' on Wall Street in early May and the sell-off that went with it, continues to militate against the long-awaited surge in autocallable products in the UK. Recent weeks have seen Investec, Royal Bank of Scotland (RBS), Barclays and Morgan Stanley all issuing FTSE-based kick-out products.

“The time it took to put these products together and get them to market may have been three weeks prior to the volatility spike,” says Marc