Wealthy European, Asian investors betting on Clinton victory
Hong Kong
RICH investors in Europe and Asia are betting on stocks that will rise if a particular candidate wins the US election next week, and one firm says more than 80 per cent of its customers' dollars are wagering on Hillary Clinton.
The trades are coming in the form of bonds whose performance is tied to a group of shares. Leonteq AG, a Swiss provider of structured products, has seen "strong interest" for such notes in Singapore, said Frank Troise, head of digital distribution in Singapore.
He declined to provide sales figures, but said that more than four-fifths of the notes that his firm has sold have bet on Mrs Clinton becoming the 45th President of the United Stat…
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