Despite intense debate over the viability and sustainability of fixed maturity products (FMPs), these closed-ended debt funds have raked in billions from Asia’s private banking investors over the past few years, offering no indication that momentum might fade. Banks and asset managers alike are eyeing these developments attentively, with some cashing in on strong demand while others hover on the…
FMP debate: Flavour of the day or future mainstay?
9 July 2019

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