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.”