Previously, I wrote about the Merrill Lynch China Participation Certificates. Actually, Merrill Lynch were not the first bank to launch such a product on SGX. An earlier issuer was ABN Amro with their series of Zero Certificates. The ABN Amro Zero Certificates are non-leveraged warrants that give investors the ability to invest in focused themes […]
Yesterday night, I attended a talk organised by Merrill Lynch on one of their latest products, China Participation Certificates. According to the information on the brochures, the Certificates are a cost effective way for investors to obtain access to selected China-themed sectors, based on the research of specialised Merrill Lynch analysts. The session begun with […]