Best in Australia

Less liquidity, a more active regulator and worried investors have symbolised the Australian structured products market in the past year, but UBS has dealt with all of these concerns while finding the time and energy to innovate.

"The past 12 months have been an extension of what we experienced in terms of liquidity drying up from all clients - be they retail or institutional," says Steve Boxall, head of derivatives, sales, trading and structuring at UBS in Sydney. "On top of that, you had