The new breed of HK structured products

Author: | Published: 20 Nov 2009

Structured products are returning to Hong Kong, but with shorter tenders and more protections.

Panellists at the Asia Capital Markets Forum on November 19 discussed the ways products are changing in the wake of the financial crisis. Jonathan Phillips, managing director, traded products at UBS, outlined products that investors were demanding, and their changing characteristics.

Many products are now on a shorter tender, typically about one month. Phillips also said he was seeing daily knock-outs on products....