Breaking barriers to high net growth
At just over two years old, Malaysia's high-net-worth structured products market is still in its infancy. But increasing liberalisation in the country's banking system is bringing rapid growth. Shamillia Sivathambu reports
It was not until December 2003, with the introduction of the Guidelines on Derivatives and Structured Products by the Malaysian Securities Commission, that principal-protected investment products were extended to high-net-worth individuals and corporate clients in Malaysia for minimum investments of 1 million renminbi (RMB) (US$265,000). Before that, derivatives could only be offered to
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