The Swiss house came in ahead of rivals in the region for the second year in a row for a combination of savvy structuring and market coverage. When it comes to investment structures for high-net-worth investors, UBS dominates through its private banking arm and as a provider for other regional private banks, said rivals. This last year it has focused on yield-enhancement notes, elaborating on buy-write strategies by adding put overlays, for example.
Min Park, head of equity risk management products for Asia, and his counterpart for Japan,
Michel Lee, have ensured the firm keeps up with the pace of structuring innovation. UBS has been in the first pack with equity-linked notes in China, for example, and other major developments this year including offering a range of capital-protected funds across the region. The firm has also sought out new themes for investors, offering water-sector plays and Real Estate Investment Trust-linked notes among others.
* Citigroup * Deutsche Bank
* JPMorgan * SG Corporate & Investment Banking