DBS continues to focus on market direction neutral trades as global markets face growth headwinds while volatility levels remain subdued.
DBS Private Bank’s activity in the structured products during the first few months of 2019 has focused on dispersion notes following a pick up in activity since October last year. The product initially became popular in 2017 when markets saw depressed volatility levels. “Realised volatility has been almost one standard deviation below its long-term average,” said Rohit Jaisingh, head of equity investment products at DBS Private Bank. “At the current low levels, it&
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