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Allocation in European-denominated ELNs up 10%

In line with the recent spike in demand for equity-linked notes (ELNs), Asian investors have been increasing their allocation to European-denominated ELNs by 10% in the past three months, says one Hong Kong-based head of exchange for futures and swaps sales for Asia. “We are seeing a significant increase in ELNs with European equities particularly from the German and French…

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