Senior executives from market making and asset management outfits discussed how to improve investors' understanding of portfolio hedging.
An analysis of wrapper usage in China shows that structured deposits continue to grow their market share.
With five main wrappers, the South Korean market is one of the most diverse in the Asia Pacific region.
By estimated sales in 2023, autocallable yield enhancement products reached more than half of the market share in Asia Pacific.
The SRP Wrapper Guide Asia Pacific 2024 is out and available for download.
The structured deposit business was first introduced onshore in 2002, followed by China Construction Bank (Shanghai Branch) debuting the country’s first batch of FX-focused structured deposits in August 2003.
The number of structured deposit issuance rose in April, with the XAU/USD and EUR/USD product issuance doubling year-on-year. Also, Japan’s benchmark Nikkei 225 index-linked products emerge in the Chinese market.
Panelists discussed the timeline for potential interest rate cuts, low volatility, geopolitical risks and how structured product market participants can navigate current macro factors at the SRP Asia Pacific 2024 conference held in Singapore earlier this month.
The contingency plan comes after the UK bank’s Korea unit sold US$900m worth of autocallable products tracking the HSCEI.