Market snapshot: L&G joins top three issuers in the UK

Legal & General was one of the top three issuers of structured products in the UK in June


Leveraged return notes were again the most popular structured product in the US, based on the notional amount in June, accounting for 68% of products issued. The notes are suitable for investors seeking a leveraged return linked to the performance of the underlying they are tied to, usually subject to a cap.

Digital and unleveraged return notes were the next most popular products issued in the US in June, although they accounted only for 8.67% and 7.24% of new issues respectively. Over the past

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