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

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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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