Products featuring the autocall payoff increased their market share to 73% - up 11 percentage points YoY.
Eighty-five structured products worth an estimated £145m (US$184m) had strike dates in May – an increase of 30% by sales volumes compared to the previous month, but down 13% year-on-year (YoY), according to SRP data. Some 53 products that sold around £93m at inception redeemed early during the month. They averaged an annualised return of 7.36% (April: 6.68%). Walker Crip’s UK & US Kick-Out Plan (MS128) was the best performing product. The six-year autocall expired