United Overseas Bank launches three-style Vic3 Deposit

News

Singapore-based investment bank United Overseas Bank has launched a new structured deposit. The UOB Vic3 Deposit has underlying components linked to equities, currencies and commodities in the developing markets of China and central and Eastern Europe.

The deposit is structured using three investment style portfolios with different asset allocation strategies - the aggressive equity portfolio (60% in the equity basket, 30% in a commodity basket and 10% in a currency basket), the balanced p

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