Demand for capital protection has increased, UOB
Structured products have seen a resurgence in Singapore in 2017 with customer demand and sales increasing exponentially year-on-year across the market, according to Gidon Kessel (pictured), head of structured products at United Overseas Bank Limited (UOB) in Singapore. "This can be attributed to a combination of factors including strong performing equity markets, improved investor sentiment and continued appetite for yield owing to persistently low cash rates," said Kessel.
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