SRP

Singaporean wealth manager WRISE has expanded its client base to the mass affluent market in Hong Kong with #structurednote distribution as the firm looks to reach a new clientele group with a minimum investment threshold of US$500,000. “We believe this type of client segment is currently underserved, and we would like to provide them with the same or similar level of service and quality as all the private bank clients,” Jingwei Chen, chief investment strategist at WRISE Group told #SRP. Read more (member access): ➡️ http://spr.ly/6045tv3Gt #structuredproducts #wealthmanagement #HongKong #Singapore

The Singularity Group started exploring the actively managed certificate structure ( #AMC) after "being approached by several clients asking for more thematic applications of our strategy as well as products based on other benchmarks", Evelyne Pflugi, CEO and co-founder TSG told #SRP. Looking into these requests, the company then found the AMC structure provided several benefits, according to Pflugi. “The #AMC structure was particularly well-received by #wealthmanagement and high-net-worth clients, who were more open to this type of product.” - Evelyne Pflugi Read the full interview with Evelyne here (member access): ➡️ http://spr.ly/6045tuGKS #trackers #AMCs #structuredproducts

Stifel Financial Corp. is set to close the year with over US$3 billion traded notional for its #structuredproducts, which will be over a 30% growth YoY. The broker-dealer with record US$496 billion client assets has won the Best Educational Initiative accolade at the SRP Americas Awards 2024. As part of its #investoreducation efforts, Nataliya Popel, CFA highlighted Ideas to Action, iCapital learning centre and the firm's annual Blueprint advisor conference. In terms of structures, the use of autocall participation payoff and the S&P 500 Equal Weight Index (EWI) have stood out throughout the year. Read the full interview here (open access):

Hedios has launched the 60th product in its Gamme H Performance series in France. Issued on the paper of Goldman Sachs Finance Corp International, H Performance 60 offers access to the Euro iStoxx 50 Equal Weight NR Decrement 5% Index over an investment term of maximum 12-years. “Over the years, we have demonstrated real know-how in the design of our high-conviction investment solutions, always in line with market levels,” Julien Vautel, CEO, Hedios told #SRP. Read more (open access): ➡️ http://spr.ly/6041tnzCz #structuredproducts #autocallables

UOB has rolled out the first US dollar denominated structured fund in #Thailand. The one-year principal-protected #structuredproduct tracks the Pimco GIS Income Fund. It aims to attract HNWI investors who have more conservative profiles and are looking for US dollar cash plus returns on the product with a capital protection element, according to Gidon J. Kessel, UOB Thailand’s head of deposit and wealth management. “It has a simple bonus-enhanced payoff with capital protection element,” Kessel told #SRP. Read more (member access): ➡️ http://spr.ly/6041tnOYf #structuredproducts #funds

More content from the #DeriviaMiddleEast #conference where panelists discussed #index innovation, #ESG and customisation. Amna Hadziabdic, executive director, index client solutions at MSCI Inc. highlighted the drivers for innovation stem from customisation and #Technology. “We have platforms where clients can go on and simulate an index themselves,” Hadziabdic said. According to Elie GEAGEA, head of equity structured solutions at HSBC, some end investors could have misconceptions that investing in an #ESG index means sacrificing performance, which is “not in reality if the index is well designed.” Philippe Jacson, head of sell side #APAC and #MiddleEast, Index Investment Group at FTSE Russell, An LSEG Business, emphasized that clients often want to factor in their own research when looking into an index’s exposure or sector: “We've seen that the volatility target [indices becoming] very popular.” Read more (member access): ➡️ http://spr.ly/6041tTSfX #DeriviaMiddleEast #structuredproducts #indices #ESG

From a recap on the market dynamics from the Derivia Intelligence Middle East conference last week to the latest product offerings from different regions, here’s the latest news in the structured product industry. #srp #structuredproducts #DeriviaMiddleEast

The #structuredproducts market in the Middle East region is at a stage of development where technology could trigger a leap forward, according to speakers at #SRP’s ‘Leveraging Tech Solutions to Increase Buy-Side Adoption’ panel at the #DeriviaMiddleEast #conference in Dubai on 20 November. “Over the past decade, significant innovation has occurred on the pre-trade side, with investment banks and distributors automating pricing for popularly traded products and payoffs,” said Pulkit Sangal, CAIA, a structured products specialist with experience in the sell- and buy-sides. One of the problems to faster adoption of technology from the buy-side in the Middle East is the complexity of adapting legacy systems to new infrastructure, “which often involves high costs and significant challenges”, according to Youssef Nouar, executive director, institutional sales at Leonteq. Ameer Khan, regional head of operations, real assets ME Apex Group Ltd added: “By leveraging technologies like artificial intelligence and machine learning, fintechs can help issuers and investors navigate the increasing complexity of structured products.” Read more (member access): ➡️ http://spr.ly/6043tJkz3 #structuredproducts #DeriviaMiddleEast #Technology #fintech

🎉Celebrating excellence in the Middle East region, Derivia Intelligence held their first Industry Awards in Dubai last week. Congratulations to the following SRP category winners: 🏆 Best Index Provider: MSCI Inc. 🏆 Best Technology Solution: Bloomberg 🏆 Best Derivative Manufacturer, Non-Domestic Bank: BNP Paribas 🏆 Personality of the Year: Mehdi Rayane #Derivatives #StructuredProducts #DeriviaMiddleEast

Continuing with our coverage of the #DeriviaMiddleEast #conference, participants of the ‘Growing the Pie’ panel discussed the changes experienced by the region’s financial ecosystem over the past two decades. “The family businesses are much more open to sharing their wealth while the government-related entities have been monetized and put on exchange,” said Faisal Hasan, CFA, CIO at Al Mal Capital PSC Al Mal Capital. Standard Chartered’s global head of #structuredproducts Olivier Pierlot, CFA noted that the client groups for structured products in the Middle East are “very diverse” with distinct preference for underlying types and payoffs while Lily Chia of the SGX Group, emphasized the importance of trust. “The trust that there is rule of law in this marketplace, principles of fair, orderly, transparent markets, and that the authorities are serious about creating that market,” Chia said. According to Julia Hauser-Teuwsen, partner at ISP Group, more innovation is needed: “We have to give access to the capital market, maybe in a different way.” Read more (member access): ➡️ http://spr.ly/6040s2xH2 #DeriviaMiddleEast #conference #structuredproducts