Swiss structured products turnover down in 2010

Tax burden falling
Structured products see a fall in Switzerland

Swiss structured products volumes fell by 4.39% between January and October 2010, with the Sfr3.23 billion (€2.64 billion) of turnover in December 2010 reflecting a 23.46% drop from the previous month's figure, according to Scoach.

The fall was in contrast to a rise in Swiss deposits and other asset classes, with investment funds and shares increasing in popularity. There was also a marked rise in private client business, which accounted for more than a third of total client deposits. The Swiss

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