Trade body launches structured product indices

Trade body launches structured product indices

The UK Structured Products Association has launched a series of performance indices as part of moves to better inform advisers about the market.

The indices, which can be viewed on the organisation’s website, show mark-to-market values of publicly offered products issued in the UK retail structured product market since January 2009.

UKSPA plans to publish regular commentary alongside the indices, which will be updated each month and cover different sectors, product types and risk ratings.

Zak de Mariveles, Chairman of UKSPA, said: “This is an important development by the industry, to create aggregated and independently produced performance metrics for structured products, and we hope that advisers and investors alike find the data we provide useful and informative.”

The launch follows recent initiatives from the body to enhance the level of information available to advisers regarding structured products.