US wrap: Review products make their mark with emerging markets exposure

Eksportfinans offers Brazil index fund product, Swedish Export Credit Corporation abandons downside protection

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US investors offered Brazil and other emerging markets exposure

Review products take a stronghold in the latest offering, an unusual move for the US market, which is normally dominated by reverse convertibles and accelerated growth products. Two of the review poducts come from Eksportfinans, and with Swedish Export Credit Corporation also joining the issuance, banks account for a smaller-than-usual slice of the offering.

One of Eksportfinans' products is based on the iShares MSCI Brazil Index Fund, which has been a popular underlying in recent issuances as

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