SRP reviews some of the best-performing products across European markets in the first half of the year.

Autocalls continued to deliver, often redeeming early on their first valuation date, while Belfius’ participation note on the Euronext Banks also registered an optimal performance. Italy: Memory Maxi Cash Collect Express Certificate – 118.50%/40.03% pa Vontobel’s three-year income autocall paid a bonus coupon of 18% on 17 August 2023 – some 37 days after it was first issued – since the underlying shares of Eni, Intesa Sanpaolo, Stellantis and Unicredit all closed

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