UK Wrap: Plan managers diversify away from FTSE

A variety of underlyings in this fortnights product launches.

Over the last few weeks plan managers have stamped their mark on the UK structured products market with a ream of products offering diversification from the FTSE 100.

Gilliat Financial Solutions kicked off the trend with its precious metals kick-out plan based on commodities. The product is a six-year investment based on the prices of gold, silver and platinum. It has a 50% American barrier against falls in the underlyings and a chance of early returns if all three metals are at or above their s