Q: It is often assumed that Asia lags behind Europe and the US in the development of new products. Is that the case in structured products? What is the state of development of credit-related structured products in Asia?
A: As far as synthetic and cash structured credit is concerned, the notion that Asia lags behind Europe and the US is not really true: we see many complex and advanced structures trading in Asia. Asian investors have come up a long way and pretty much as fast, if not faster, t