Email
PrintOct 26, 2007
JPMorgan was named as the Equity Derivatives House of the Year in Asia Risk 's 2007 regional awards.
The magazine praised JPMorgan, commenting that it "is certainly now making its mark in equity derivatives in the region."
Patrick Moisy, head of equity derivatives for Asia, comments that JPMorgan has invested heavily in system development and expansion of resources to build the current platform. "We overhauled our equity derivatives business in the past year to leverage some of our clear strengths in the region: a strong cash equities business; a strong private bank in Asia, part of the global unit that manages $185 billion in assets; and an onshore commercial banking presence in 16 countries," said Moisy. For the first time in Asia, JPMorgan built localized structuring capabilities which enable the firm to customize deals that would have been impossible two years ago.
One area in particular that Asia Risk recognized is that JPMorgan excelled in the past year in identifying and smartly addressing all the key issues that Chinese institutions have faced with qualified domestic institutional investor (QDII) offerings. JPMorgan was also involved in the first QDII product approved by the regulators with commodity and equity funds and indexes as underlyings.
JPMorgan has drawn praise from Asia clients for its innovation and ability to address clients' needs. One Tokyo-based client said "JPMorgan's rivals did not come close" when commenting on the firm's forex and equity derivatives structure that raised $200 million in Japan.
For more information please visit us on the web at www.jpmorgan.com/edg.