Fixed income "saved wealth management" in Asia

Fixed income 'saved wealth management' in Asia

Investors in Asia are continuing to look for yield but also have an eye on capital protection, say market participants. And while the revival in equity markets has ensured that most structured product providers in the region have met this year's budgets, the fondness for foreign exchange-related products continues.

"Fixed-income and forex-based products saved wealth management as rates fell, but this is changing as rates grind upwards," says Bryan Henning, head of global research and investments