Analysis
US wrap: Investors seek safety in domestic indexes
As the US market continues to face uncertainty, the safety of domestic equities is proving attractive to investors
US wrap: Reverse convertibles back in favour
Demand in the US is swinging back to its regular staple in the form of reverse convertibles
US wrap: Royal Bank of Canada dominates with retail-linked reverse convertibles
Reverse convertibles take the lead in US issuance, with most new deals hailing from Royal Bank of Canada
US wrap: Structurers deploy longer maturities to tackle low interest rates
Longer tenors are proving attractive to investors hunting for yield as low interest rates prevail in the US
US Wrap: Reverse convertibles return
Reverse convertibles are back in vogue in the US public markets, with RBC leading the charge
US Wrap: Wells Fargo offers accelerated US equity returns
Wells Fargo is the only issuer of publicly registered structured products in the US as volumes tail off
Sovereign CDSs as a risk indicator
Sovereign CDSs as a risk indicator
Product performance
The products reviewed this month include full principal protection and an accelerated growth product that has no downside risk, alongside a three and a six-month reverse convertible
Market snapshot
The sale of structured products in the US has increased by around 36% in June and July. In the UK, the market in the same two months was characterised by the continuing dominance of capital-at-risk products.
FVC Custom Indexes
US and UK benchmark indexes declined sharply in June but recovered their losses in July, while the FVC’s global protected index recorded a rise in June
