US Wrap: External credit and growth products dominate

Growth structures represented 10 of the new issues, all linked to either the S&P 500 or providing exposure to international equity. One of the most bullish, on offer from Merrill Lynch, allows investors to participate 300% in upward moves of the S&P 500 index over 14 months, subject to a cap of 27.69% on returns. Capital is not protected on the downside.

Reverse convertibles are beginning to make more consistent appearances, and the close of last week was no exception, when six of the structures

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net 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