Structured Products Awards for Excellence 2018 – Best Structured Product Provider – Non-flow Equities

2018 Winners

Best Structured Product Provider – Non-flow Equities

BNP Paribas

Laurine De Montmarin
director, solutions, WM&FO, BNP Paribas

2018 has not been a smooth ride for financial markets. We have been actively working with our clients on solutions to navigate the fast-changing market conditions.

Listening to and understanding each client’s specific needs and paying close attention to their CIO’s in-house views has definitely been key to the joint successes that we have had with our partners.

Our efforts have been dedicated to tweaking popular payoffs in order to better account for the new paradigm. We also continue to discuss long-term megatrends, accessible through delta one, actively managed certificates, price-efficient indices, fund-linked derivatives, in addition to more traditional payoffs.

To meet growing demand for alternatives and out-of-the-box solutions from our diversified client base, we constantly coordinate with BNP Paribas’ global structuring and trading platform and its premium research capabilities.

Last but not least, we strive to be a reliable partner for our clients, providing them with support for their long-term ambitions and adding value regardless of market conditions – for example, providing content on sustainability/energy transition themes in APAC, amid the growing ESG demand by private bank clients, notably the millennial generation.

After a false start in early 2018 gave investors hope that momentum from the previous year would follow through, global equities corrected, volatility rose, and dispersion between markets became more pronounced. As at the end of September, MSCI World had posted 5.4% gains, a far cry from 2017’s 22.4%.

In light of these fast-changing market conditions, BNP Paribas swiftly shifted its focus to cash extraction, alternatives, hedging, and cash alternatives.

The bank placed strong emphasis throughout the year on tweaking popular payoffs to better account for changing investor sentiments, and it leveraged its global structuring and trading platform alongside its premium research capabilities to generate innovative solutions linked to strategies involving HSCEI dividends and stock dispersion.

Further, BNP Paribas stayed the course in its bid to capture ongoing long-term megatrend opportunities accessible beyond traditional payoff structures, and its well-established commitment to serving private banking needs went beyond immediately profitable ventures – BNP Paribas is actively supporting the industry’s ambition to bring ESG investing to the forefront of wealth management in Asia.

“2018 has not been a smooth ride for financial markets. Listening to and understanding each client’s specific needs and paying close attention to their CIO’s in-house views has definitely been key to the joint successes that we have had with our partners,” said Laurine De Montmarin, director, solutions, WM&FO at BNP Paribas.

“Looking forward, we will continue to enhance our offering to smoothly adapt to changing market conditions and help our private banking partners meet the needs of the various demographics of Asian HNWIs.”

A client-centric approach to generating innovative and relevant solutions coupled with excellence in execution has resulted in BNP Paribas taking the title of Asian Private Banker’s Best Structured Product Provider – Non-flow Equities.