Asia’s Rich Drive $200 Billion Revival in Complex Equity Notes
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Rich Asian investors are plowing record money into complex stock bets that saddled them with big losses just a few years ago. Issuance of structured products linked to Hong Kong and Singapore equities has surged 80% this year to a record of more than $200 billion, according to estimates from BNP Paribas SA, one of the top issuers. Products known as accumulators — which make their holders continuously buy stocks at preset levels — and fixed-coupon notes that offer monthly returns are particularly popular.