The SRP APAC Conference 2023 kicked off with three panellists from private banks sharing the strategy shift amid rising interest rates on 3 May.
It is the upward trajectory in interest rates that has impacted the structured products landscape the most, according to Rohit Jaisingh ( pictured ), head of capital markets products at DBS Bank, adding that the climb has led to risk de-escalation close to a risk-off mode. "This means that the momentum of equity structure products, which were the key driver of our business, has stalled," said Jaisingh. "Inflation is persistent at high levels and corporate earnings are under some pressure.
Continue reading with a subscription to the SRP market intelligence platform.
Request DemoAlready a subscriber? Login