Structured product sales dip in 2010 but still up 66.5% 2007

Yet, despite sales for 2010 slipping below 2009 levels, the annual figure was 66.5% higher than in 2007. Providers expressed surprise at the slide, given sales figures at July of around £7.3bn but said the overall figure reflected the continued strong demand for structured investments and deposits. Marc Chamberlain, executive director at Morgan Stanley said sales of the bank's structured products had been in line with 2009. "We are more than happy with that because 2009 was an exceptional year for the structured product market. It was influenced by the downturn of 2008/2009 when inves...