Taking a market view

South Korea’s investors have been incorporating views on interest rates, foreign exchange, equity and credit to enhance yields for the past couple of years. More recently, some corporate treasurers have been looking to monetise their views on the market through the use of structured swaps. Mia Trinephi reports

The structured products market in South Korea has been predominantly driven by investor demand over the past two years, as the country’s insurance companies and pension firms have looked to boost yields to meet policy redemption, annuity and pension liabilities. But some corporate treasurers are now taking a leaf out of their book, becoming more active in structured derivatives