Asia investors turn to decumulators to stave off losses

News

The global downturn in equity markets has wreaked havoc with bullish accumulator products in Asia, provoking many investors to buy decumulators in order to stave off excessive losses and unload unwanted shares.

"Decumulators have become a popular counter-measure to accumulators that investors entered into prior to the market sell-off, which are now underwater," says Adam Cowperthwaite, head of structured retail products for Asia at Credit Suisse in Hong Kong. "In these circumstances, by layering

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