The UK bank is offering exposure to the price of gold via an insurance product for the first time in Hong Kong; Standard Bank says gold-linked structured products can help with diversification; Premialab licenses QIS platform to German manager; and more.
HSBC Life has introduced an indexed universal life (UL) product in Hong Kong, as the insurer seeks to capitalise on the rising demand from high-net-worth individuals (HNWIs) for structured insurance products. Targeting professional investors in Hong Kong SAR, the new policy offers exposure to mainstream indices, including the S&P 500, Hang Seng Index and the LBMA Gold Price Index USD AM, with the latter underlying being the first seen in the local market, the British bank’s insurance