Willi Bucher and Michael Vonmoos new Board members
The SSPA Board has appointed via co-optation Willi F. X. Bucher (Raiffeisen Switzerland) and Michael Vonmoos (Credit Suisse) new Board members as of 27th January 2021. Both Willi Bucher and Michael Vonmoos have extensive experience in the structured products segment as well as many years of industry experience. They are replacing previous Board members Valentin Vonder Mühll and David Schmid, who have withdrawn from the Board.
Read more...
Value Creation Report Q4 2020: Growth rate of 4% compared to 2019 – total turnover of CHF 368 bn in 2020
Turnover for Swiss structured products of the major SSPA members increased again in 2020, not least due to record turnover in March 2020. At CHF 368 bn, total turnover is 4% or CHF 16 bn above the previous year's figure. The total quarterly turnover in Q4 2020 is 8% below the previous year's level and declines to CHF 79 bn. Yield enhancement products continue to be the most popular investment category (46%) and increased slightly to CHF 171 bn. Leveraged products replace participation products in second place in terms of total share of turnover, with a 27% share of total turnover. Equity (56%) and foreign exchange (24%) continue to dominate as asset classes in 2020. Non-listed products constitute 65% of turnover (2019: 63 %). The most important currencies for structured products continue to be USD, EUR and CHF, accounting for a total turnover share of 88%.
Read more...
