Sasfin is a relatively small player in the South African structured products market. The bank hired Carl Isernhinke, previously head of structured products at Absa Capital, as chief investment officer in 2011. "We create structured products in co-operation with banks, choosing our underlying exposures, and we use our own zero-coupon bonds for the capital protection, which allows us to get our own funding," says Isernhinke, who is based in Johannesburg.
"Most of our clients are happy with Sasfin
The week on Risk.net, July 7-13, 2018Receive this by email