A Fortis first in Turkey

Fortis Investments will become the first distributor of structured products in Turkey, as soon as the Turkish Capital Markets Board approves the final legislation allowing the sales of structured funds. Paul Lyon examines the Fortis strategy

The past month has seen the Turkish military warned to stay out of politics if the country is ever to join the European Union - a warning it clearly ignored. And the press is still having a field day reporting on how a consortium comprised of Fortis, Royal Bank of Scotland and Santander is mounting a bid to buy and carve up Dutch bank ABN Amro. A lesser-reported story, however, is Turkey's move to embrace structured products. And Fortis Investments is the institution that will become the first

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