Asian banks put the fund back into structured products

The definition of product innovation is now a question of creating new underlyings or reinventing or even tweaking regular structures to match either the caution or ebullience of investors. Of these themes, reinvention has been the preferred option in Asia, emerging towards the end of last year in a trickle and soon a torrent of fund-linked products. Hatched in a private room following discussions between a European private bank based in Singapore and a European investment bank based in Hong Kon