Market Snapshot

Tim Mortimer of Future Value Consultants reviews a healthy revival in interest for leveraged return notes from US investors, as well as HSBC’s position as the leading provider of structured products in the US in October. Investec, again, head the issuance table in the UK, where capital-at-risk kickouts remain the order of the day

Tim MOrtimer, Future Value Consultants

A PDF of this article is available here

The total notional across all product types in the US in October fell more than 5.3% against the previous month. Over the same period, the volume of leveraged return notes increased by $273 million, accounting for over 50% of new supply and making it the dominant product. The notes, which are aimed at investors who expect small to moderate index growth and are prepared to take capital risk, accounted for $918 million of the notional sold in October. Second

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here