EFG FP outlines structured products strategy for Asia

Setting up a structured-products business in Asia could be seen by some as an unpromising move, given that the recent crisis – and losses on products such as accumulators and minibonds – are still relatively fresh in the memory.

But Zurich-based EFG Financial Products, part of asset-management and private-banking group EFG International, last week celebrated a year in Hong Kong by outlining plans to build a regional business.