BNP Paribas teams up with Crédit Agricole


BNP Paribas is to launch principal-protected notes in a pioneering transaction that should establish itself as a benchmark for the fast-developing credit constant proportion portfolio insurance (CPPI) market. The notes will be managed by Crédit Agricole Asset Management (CAAM) in a partnership that combines the structuring and trading capabilities of BNP with the credit asset-management expertise of CAAM.

The Dynamo notes are total-return products aimed at providing diversification to inst

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