The Swedish market is showing signs of recovery as relatively high interest rates continue to drive sales in capital protection products.
An estimated SEK2.1 billion (US$188m) was collected from 147 publicly offered structured products that struck in the first quarter of 2024. Sales volumes increased by 16% compared to the previous quarter but fell by 7.7% year-on-year (YoY). Issuers Thirteen different issuers made up of local financial institutions, European-, and US investment banks, offered products in Q1, one up from the first quarter in 2023. Nordea was the main provider with a 32% share of the Swedish market, up s
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