China leverage clampdown to hit two-tier structured products
Product issuers look to derivatives to boost returns, but options are limited
Chinese asset managers say a recent clampdown on the amount of leverage they can include in certain investments will limit the appeal of popular two-tier structured products. Derivatives could provide an alternative, but asset managers face numerous hurdles to using the instruments.
The China Securities Regulatory Commission (CSRC) cut the leverage caps for investment products managed by private
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