Knock out payoffs continue an upward trend after a strong comeback in 2023 as an alternative to unlimited participation on 'costly and volatile' equity underlyings.
Twin win certificates in Switzerland surpassed an estimated four percent market share in the first half of 2024 – if the trend remains the issuance of these products will double last year’s issuance level. The boost in offering twin win certificates as well as shark fin notes corresponds to the elevated interest rates due to which the product conditions are more attractive to the investors - Linda Kohout, Julius Baer The noticeable spike has been gaining momentum since 2021, with