Citi has launched a managed-equity programme jointly with Fortis Investments, a Brussels-based investment manager. Called Botticelli, the programme comprises a variety of equity tranche-linked notes, each offering different risk-return characteristics. Citi and Fortis will market the transaction in Asia, Europe, the Middle East and the US. The first pricing will occur in mid-April.
Many market participants expect the current benign credit-default environment to continue, say Citi and Fortis.
The week on Risk.net, July 7-13, 2018Receive this by email