Esma reports search-for-yield behaviour as shorter product terms increase

The vast majority of structured retail products -in terms of the number of products issued, in the first half of 2017 in Europe were short-term (i.e. less than two years' duration), according to the European Securities & Markets Authority (Esma) According to the Esma latest Trends, Risks and Vulnerabilities No.2 2017 report which covers the first half of 2017 there is a more even split between short-term, medium-term (two to five years' duration) and long-term (greater than five years' dura