Leveraged return notes remained the flavour of the month in the US in April, commanding 49.3% of a public market that saw 318 new structured products issued. The popularity of the structure is attributable to its attraction to bullish investors trying to maximise returns. Digital notes were the next most popular, with $185 million of notional sold across 21 products, followed by reverse convertibles, which accounted for $125 million of notional sold and an 11.75% share of the market.
The most pr
The week on Risk.net, July 7-13, 2018Receive this by email