Wealth management house of the year - Societe Generale

Asia Risk Awards 2006

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The past year has been a big test for structured products providers. Rising interest rates and volatility arising from the correction in global stock markets during the second quarter - when Japan's Nikkei 225 index, for example, fell by 16% between May 1 and June 13 - drove product providers to intensify their search for yield and innovation. At the same time, equity-linked notes (ELNs) with worst-of options had become highly commoditised and investors started to look for new structures wit