Reverse convertible
Distributor profile: Promoteo waits for bonds to lose their shine
The waiting game
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: Reverse convertibles return
Reverse convertibles are back in vogue in the US public markets, with RBC leading the charge
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.
Market snapshot
A dramatic increase in the notional issuance of accelerated growth products in the US has catapulted Bank of America to the top of the issuance charts
Eurozone volatility helps German structurers
Volatility across the eurozone is making autocall products popular in the German market, where structurers can offer attractive returns
UBS reverse convertible index offers deposit-beating returns
UBS has created a reverse convertible index to offer German investors income which beats the return on bank deposits
RBC offers BP play using reverse convertible
The Royal Bank of Canada has issued a new reverse convertible based on BP. The oil company's shares have risen in the US market in recent trading despite hitting a 13-year low on the London Stock Exchange in June
