The Belgian trade association sees a year-on-year decline in sales volumes on both the primary and secondary markets.
Sales of structured products on the primary market amounted to €765m (excluding leverage products) in the third quarter of 2020, according to the latest figures released by the Belgian Structured Investment Products Association (Belsipa). Year-on-year (YoY), sales decreased by 28% while compared to the second quarter of 2020, there was a drop in volumes of 17%. The decline in sales was visible across all product categories, with structured notes, structured funds and structured insurance p
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