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Private banking clients invest US$900 million in Credit Suisse’s “Asian VIX”

Cognisant of private clients’ concerns about the volatility of the Asian markets, Credit Suisse launched its proprietary CS SPEAR Dynamic Asia Index last year. It has since registered volumes in excess of US$900 million. “We aimed to create a product to address Asian clients’ concerns about the downside risks in local markets, especially in light of the elevated levels of…

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