Funds of structured products (part 2): the great turnaround

Following a difficult six-months for equities, struggling with global inflation, interest rate rises and the war in Ukraine, financial markets staged a remarkable recovery in July . Major equity markets were broadly positive with the exception of China. US large cap markets were up by almost 10% while Europe also had a strong month, posting gains of nearly 7.5%. In the UK, a strong performance was seen from the oil companies on the back of rises in the oil and gas price that also helped lift th