Macquarie Bank has packaged and distributed its first structured product for the UK market. Target clients include intermediaries and independent financial advisers (IFAs) serviced by its managed funds business. The bank’s previous role in the UK was as a provider of hedges.
“We offer funds in the UK, including open-ended investment funds and hedge funds, and we are distributing structured investments in Germany, Austria and Switzerland as well. So offering structured investments in the UK is a