PIL launches US dollar-based deposit account

News

UK-based structured product provider Product Innovations Limited (PIL) has launched a US dollar capital-guaranteed income and growth deposit in conjunction with Abbey International. Launched on August 18, the Opus Diversifier Dollar Bond is a 100% capital-protected product targeting dollar investors who want the benefit of structured investments available to sterling investors but without the currency conversion, explains Scott Levy, head of operations at PIL.

Aimed at high-net-worth investo