Structured Products
CitiFirst, the retail structured product division of Citigroup, has pushed back the launch of its first open-ended fund, blaming platforms for the delay.
Gilliat Financial Solutions has launched the second plan in its 50/50 Deposit series which splits capital equally between two investments.
Meteor Asset Management has reissued its Protected FTSE plan.
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Blogs
So the rumours have finally come to fruition with NDFA Limited and DRL, both distributors of Lehman backed Structured Products have filed for administration, neither of which were wholly unexpected.
Returning to work after a week's holiday - I say holiday, but anyone who has been to Centre Parcs with three children before will understand this may not be the correct word for it - I found my inbox full of emails either extolling the virtues of the ill-fated RDR, or declaring doomsday on the industry.
Ask the Experts - Structured Products
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In Focus
diversify / verb (diversifies, diversifying, diversified) make or become more diverse or varied: [with obj.][often as adj. diversified] enlarge or vary the range of products… - DERIVATIVES diversification noun
Viewpoints
Reaction and debate rumbles on following the Financial Services Authority’s (FSA) review of advice given to clients who invested in Structured Investment Products (SIPs) backed by Lehman Brothers...
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