Dresdner Kleinwort has launched a structured note giving Japanese retail investors access to European Union Emission Allowances (EUAs) denominated in yen. The note will be distributed by investor support service SBI E*Securities.
According to Dresdner Kleinwort, Japan has limited emission trading experience but investors appear keen to get involved with the highly liquid European carbon markets. "Japanese investors want to dip their toes in but not quite dive in yet," says Dresdner's director of
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