Senior executives from two wealth management firm and a technology provider spoke about the increasing need for smaller tickets and higher automation in the region to facilitate the trading of structured products and grow the market at the SRP Apac Conference 2023 held in Singapore on 3 May.
An increasing level of standardisation in structured product features is needed as wealth managers seek to offer a customised solution that comes with a smaller amount, targeting middle income investors, according to Raymond Lui (pictured) , chief investment officer at Red Beacon Asset Management. "We work with many issuer banks. Each of them does their own process on language, risk tolerance. And they are strong in certain areas," said Lui. "One struggle we have is how to integrate them into o