The European retail structured products market could be more than twice the size previously thought, according to Greenwich Associates.
A survey by the financial services consultancy of 115 third-party distributors including private banks, savings banks, insurance companies and fund managers from across Europe reported a total annual notional volume in non-delta one retail structured products of €135 billion for the 12 months before the research.
"Extrapolating these results to the entire market suggests that total annual...