It's been two years since structured product distribution platforms flooded the market to capture growing volumes at private banks. However, in less-than-ideal market conditions, transaction income across private banks have taken a hit resulting in a 13.75% average drop in structured products flow in Asia this year. Now a number of tech firms are being forced to re-strategise to stay relevant. Asian Private Banker investigates.
In Straight Talk, we sit down with Vincent Magnenat, who discusses Lombard Odier's predilection for onshore partnerships in Asia.
We also talk to Tom Finke, chairman and CEO of Barings, about his plans for the recently rebranded and relaunched firm.
