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22/11

Old Mutual International challenges industry to deliver improved range of structured products to international investors

Old Mutual International, part of Old Mutual Wealth, today launches a landmark initiative with structured product providers to help international investors achieve better outcomes. 

The new initiative will provide international advisers and clients with access to structured products which meet set criteria regarding transparency, simplicity and value. The new third party structured products will be distributed through Old Mutual International. 

BNP Paribas has been working closely with Old Mutual International and will be the first provider to launch a structured product range which meets the new criteria; this is available from today. BNP Paribas has developed a product range, called Committed to The Future (CTF) Investments, with a clear objective in mind: to provide a competitive offering of structured products to the offshore advisory market.

Old Mutual International is playing an active role in supporting international advisers through the process of transformation, helping them create sustainable businesses which are ‘Future Fit’. It is also playing a leading role in influencing and shaping the solutions available in the international market. This new initiative will set a new benchmark for structured products, creating a new breed of investment solution which offers better value, simplicity and transparency to investors.

The new structured products will be available through Old Mutual International’s portfolio bond in the Middle East, Europe, Latin America, and the Far East.

Prakash Chandramohan, head of product for Old Mutual International, comments:

“This initiative complements our Future Fit programme for advisers and demonstrates our commitment to leading the market towards better value solutions for international advisers and investors.  The criteria that these new products meet will set a new benchmark for the structured products industry in international markets.  We believe the benefits to advisers and customers will be self-evident, whether they look at the coupon levels, protection barriers or simplicity of the underlying assets on offer with the new products.”

 

 

For more information contact

Sophie HeywoodOld Mutual Wealth02380 91677007834 499558sophie.heywood@omwealth.com

Notes to Editors:

Old Mutual Wealth

Old Mutual Wealth is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

It has an adviser and customer offering spanning:

  • Financial advice delivered by the Intrinsic network in the UK and AAM Advisory in Singapore
  • Platform based wealth management and protection products delivered by Old Mutual Wealth in the UK and Old Mutual International globally
  • Asset management solutions delivered by Old Mutual Global Investors
  • Discretionary investment management delivered by Quilter Cheviot.

Old Mutual Wealth oversees £122.2 billion in customer investments (as at 31 March 2017).

Old Mutual Wealth is part of Old Mutual plc, a FTSE 100 group that provides life assurance, asset management, banking and general insurance. Old Mutual is trusted by more than 19.4 million customers across the world and has a total of £394.9 billion of assets under management (as at 31 December 2016).

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Old Mutual Wealth Management Limited, a Private Limited Company (Company Number 0604270), Old Mutual House Portland Terrace Southampton Hampshire SO14 7EJ.