For the breadth and depth of its client reach, the diversity of its product offering, and for the third consecutive year in a row, Credit Suisse is Asian Private Banker’s Best Provider of Asia-Equity Linked Flow Structured Products.One of the key differentiators for the Swiss lender is its ability to provide market depth to its investors.
“Credit Suisse has a good risk appetite for big size trades given the scale of its trading portfolio across different geographies and business lines,” said Patricia Lau, head of equity derivative sales, Hong Kong and Singapore, at Credit Suisse. Another one of Credit Suisse’s strengths lies in its provision of a diverse universe of underlying stocks and its ability to quote small cap names. This is especially important in the Hong Kong market where investors value the ability to trade small cap names.
Credit Suisse also stands out for its ability to offer competitive pricings. 2015 has been a turbulent year for Asian equities, with markets starting off on a high note but receiving a battering in August when the major Asian indices took a nosedive. Global markets saw multi-year lows surrounding deepened fears of the health of China’s economy. However, Credit Suisse’s constant dialogue with traders has helped it to respond quickly to changes in market conditions.
This means the team is able to fine tune its pricings on an intraday basis and provide pricings that are consistently competitive, Lau emphasised. In addition, Credit Suisse proactively engages with its clients to restructure their trading positions, which has enabled their clients to weather the storm.
“We regularly review the portfolio of underwater trades and provide restructuring ideas on those trades.” she explained.
The strength of the Credit Suisse team, its ability to offer consistent pricings, coupled with the unrivalled diversity of its product offering, have given it a strong reputation in the structured products Asia-equity linked space.