One-hundred and sixty products (including flow, but excluding leverage and private banking products), with combined sales volumes of JPY485 billion (US$4.26 million), were added to the SRP Japan database in September.
A grand total of 1,295 structured products worth an estimated NT$142 billion (US$4.6 billion) were added to the SRP Taiwan database between July and September, a 12% drop in issuance compared to the previous quarter. Far from plummeting, however, the number of maturing products rose to 950 from 721 releasing some NT$110 billion back into the market.
Issuance has continued to grow in the third quarter of 2018 with 321 structured products worth an estimated MYR4.5 billion (US$1.09 billion), added to the SRP Malaysia database (2Q18: MYR3.8 billion from 292 products).
Demand for dispersion trades that play on volatility and correlation have increased in Asia-Pacific as private banking investors hedge themselves against uncertain market movements
DBS Bank is marketing an investment strategy that is neutral to market direction as well as Environmental, Social and Governance (ESG) criteria compliant in a move to address the current dampening market sentiment in Asia prompted by the recent massive equities sell-off.
The appointment follows the departure of the head of products at the Singapore exchange over the last four years, Luuk Strijers, who is moving back to Europe.
German index provider Solactive has rolled out its second international business entity in Hong Kong following the launch of its Toronto office earlier this year
The monthly sales volume of structured products linked to Tencent Holdings reached a new high in September despite the accelerating downward trend in the Chinese internet company’s share prices, with sales figures for around 600 products issued last month estimated at roughly US$434 million, accounting for 1.7% of global market share, according to SRP data.