With these trends, The Asset Triple Investment Awards 2015 (Part II of The Asset Triple A Private Banking, Wealth Management and Investment Awards 2015),  nominates the top banks who excelled in derivatives and structured products for recognition.

 

In the category for the Best Structured Products House the nominees are: Citi and Societe Generale. 

 

In the Best Equity Derivatives House category, the nominees are: Barclays, Credit Suisse and Societe Generale. 

 

In the Best Rates Derivatives House category, the nominees are: BNP Paribas and Societe Generale. 

 

In the Best Credit Derivatives House category, the nominees are: BNP Paribas, Citi and Societe Generale. 

 

In the Best FX Derivatives House category, the nominees are: BNP Paribas and Societe Generale. 

 

In the Best Commodities Derivatives House category, the nominees are: ICBC and Societe Generale.

 

All these institutions are also vying for the top honour of Derivatives House of the Year for Asia. 

 

In the Best Index Provider category: FTSE, Markit, S&P Dow Jones Indices and Societe Generale.

 

The winners will be announced at the award dinner on September 14th in Hong Kong.

 

 

ICICI Bank is recognized as the Derivatives House of the Year and the Best Structured Product House in India. The bank quickly adapted to changing global and local economic environment by providing focused solutions, at the same time stressing expertise, service excellence, variety of offering and quality of execution.

 

Societe Generale is named the Derivatives House of the Year in Japan and Korea.   Following a large capital injection and a hiring spree, the bank has acquired the full set of licences to operate in Korea as a fully localized derivatives house, while other foreign players exit the market.   Similarly, the bank has optimized its Japan operations, creating a single united team, to provide best solutions as the country’s economy is revitalized through the effects of Abenomics.

 

DBS wins the award for the Derivatives House of the Year in Singapore. While active across all categories, it leads the market in SGD rates derivatives, its boasts the largest FX derivatives house in the region, and leverages its high credit rating to provide credit derivatives.

 

The Asset recognizes CIMB as the Derivatives House of the Year, Best Structured Product House, and Best Credit Derivatives House in Malaysia, as well as Best Structured Product House in Indonesia and Thailand. Despite tightening of credit spreads, growing competition from high deposit rates and clients’ preference for vanilla products, the Malaysian bank dominates the derivatives and structured products space in its home country and commands up to 50% market share in Thailand. In 2014, the bank has doubled its issuance of Thai baht-denominated structures, maintaining its leadership in the market.

 

CTBC Bank is named the Derivatives House of the Year, Best Flow Derivatives House, Best Rates Derivatives House, Best FX Derivatives House, and Best Commodities Derivatives House in Taiwan. CTBC consistently dominated Taiwan’s derivatives market in trading volume, further expanding its product range and geographic coverage in 2015. It is the leading market maker in Taiwanese dollar and renminbi FX products, commodity derivatives, and leads its peers in credit risk warehousing capabilities.

 

The Asset recognizes Cathay United Bank as the Best Structured Product House in Taiwan. After tripling the volume of its derivatives and structured product business in 2013, the bank pared down its growth to “only” 54% in 2014. It has continued to extend its product lines, and build warehousing capabilities.

 

Yuanta Futures is recognized as the Best Equity Derivatives House in Taiwan. The biggest futures company in the country, Yuanta accounts for the highest market share in foreign futures. It was the first Taiwan futures company to set up a subsidiary in Hong Kong with a view to expand into China, where it acquired an operating licence in 2014. In the meantime, its IT subsidiary SYF Information has launched a futures trading platform for the China market.

 

Haitong International Securities wins the Rising Star distinction for the Best Equity Derivatives House in Hong Kong. Its strength and focus is China, both in providing access to the market for international clients and helping Chinese clients invest overseas.

 

 

The Asset recognizes six structured products as the most innovative and best meeting investors’ needs. CIMB wins the distinction in the Commodities category, for its Gold Convertible and Reverse Gold Convertible Structured Product. These highly-customizable short-term notes provide retail investors with exposure (long or short) to gold while providing a fixed-coupon return at maturity. 

 

Societe Generale wins the awards in the Credit, Equity and Rates categories. Its Leveraged Notes on ICBC CoCo Bond pave the way to access Chinese banks’ contingent convertible issues; the Solactive Japanese Buyback Index exploits market timing around stock buyback announcements; and CLN Callable Range Accrual Notes marry USD constant maturity swap (CMS) spread with credit exposure to the Republic of Korea.

BNP Paribas wins the award in the FX category for USDCNH Target Income Plus Forward, an inexpensive hedging solution against USD loans, that provides cost reduction for recurring USD cash flows.

 

Credit Suisse wins the award in the Multi-Asset category, for Systematic Tactical Asset Allocation. This long-only combination of 10 components, employing momentum and mean-reversion approaches, outperformed similar products during the award period.

 

The winners will be feted on September 14 during a gala dinner at the Four Seasons Hotel in Hong Kong.

 

To see the full results, please click here.