Equity-linked products tied to US stocks drove most of the sales throughout 2024.

United Overseas Bank (UOB) Singapore recorded a significant growth in its structured products business with traded notional soaring almost twice in the mass affluent segment in 2024 compared to the prior year, buoyed by the robust performance of equity markets. Given rates are still high, we continue to see good funding trades - John Lau The surging volumes stemmed from products sold across the board, roughly equally divided between equity flows and principal-protected structured notes, acco