09 Sep 2024
Mexico wrappers: FX notes dominate, pick-up in warrants
Despite the challenges faced by the Mexican stock market due to continuous global financial and political instability, the country’s securitisation market remains an important financing tool for Mexican financial institutions, corporations and government entities.
09 Sep 2024
SRP in brief: warming up for the big event
Schroder’s foray in the indexed annuity space, new hires by UBS in Latin America, and KGI’s entry in Indonesia were among the topics covered by SRP’s news desk last week.
06 Sep 2024
Brazil wrappers: COEs continue to thrive, lack of market transparency remains
The Brazilian regulatory framework places constraints on over-the-counter (OTC) trading, thus encourages the migration of trading to Sao Paulo-based exchange B3 - Brasil, Bolsa, Balcão.
05 Sep 2024
Canada wrappers: shift from standard GICs to MLGICs continues
The Canadian structured product market is dominated by OTC trade privately-placed notes and guaranteed investment certificates (GICs) with exchange-traded funds (ETFs) based on covered call strategies complementing the investment activity.
04 Sep 2024
US wrappers (part 2): structured ETFs take off, indexed annuities drive further growth
Structured notes remain the most popular vehicle to deliver structured products to retail investors, but a number of other wrappers have increased their popularity in recent years offering market players opportunity to grow the pie.
03 Sep 2024
US wrappers: US$120bn structured notes market on track to reach new record high
The US market offers a variety of issuance wrappers to accommodate the needs of large institutional and high net worth private clients as well as mass retail investors.
02 Sep 2024
SRP releases Wrapper Guide Americas 2024
The SRP Wrapper Guide Americas 2024 is out and available for download.
30 Aug 2024
US wrappers – registered notes drive record growth
During the past five years four different wrappers have been used in the US market.
29 Aug 2024
COEs become mainstream in Brazil
The certificate of deposit (certificados de operações estruturadas – COE) has dominated the Brazilian market in recent years.
28 Aug 2024
MTNs dominate in Canada
The Canadian market is dominated by medium-term notes (MTNs) with the only other wrapper of note being the certificate of deposit.
31 May 2024
Hong Kong SAR: deposits catching up with ELIs
Structured deposits have increased their market share by almost 40 percentage points since 2019.