High-net-worth (HNW) investors in Asia Pacific are looking for diverse investment outlets to ‘put their money to work’ and structured products are on the table, according to a new UBS survey.
Stocks in Hong Kong continue to fall amid ongoing concerns surrounding the economic fallout anti-government demonstrations.
The investment banker moves to the buy-side after more than 15 years in equity derivatives roles within the investment bank.
China’s regulators have given the greenlight to Agricultural Bank of China (ABC) to set up a wealth management unit and start operations with a registered capital of RMB12 billion (US$1.7 billion). The approval comes amid a rise in the NAV wealth management products in the country.
Retail investors have started trading of inline warrants as they digest the different features of the first listed structured product in Hong Kong in more than 10 years.
Despite the rise in early redemption volumes, the sales of equity-linked structured products in South Korea dropped amid uncertain market conditions coupled with lower coupon levels.
The sales volume of equity-linked structured products tracking the Japanese index doubled in the first half of this year compared to the second half of 2018, while that of products linked to Kospi 200 dropped.
The recent uptick in gold prices has called the attention of investors seeking exposure to the precious metal either via bets on a further price rises or the volatility.
The best-performing structured product in South Korea in the first half of this year is linked to an equity index basket featuring the iShares China Large-Cap ETF.