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