bank-targets-investors-with-openended-certificates

Bank targets investors with open-ended certificates

ABN Amro believes that retail- and private-banking clients in Asia will become major users.
ABN Amro is bolstering its platform for open-ended certificates in Asia. It along with Deutsche Bank is the leading provider of such products in the region, and ABN sales executives reckon certificates could one day outpace investor interest in exchange-traded funds.

Miles Ashton, head of sales in Asia for private investor products at ABN Amro, says the bankÆs product platform has mushroomed from 4,500 items, including open-ended certificates, at the beginning of the year to over 10,000.

These are relatively simple products, popular in continental Europe, that give investors access to niche products that would otherwise require opening a margin account with a broker. These æaccess productsÆ replicate an asset class or a benchmark, from...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222