BNP Paribas has licensed three new Morningstar indexes as benchmarks for structured notes. The French bank is using the Ultimate Stock-Pickers Indexes to create a product based on independent, third-party research. This is the first time a research-based active equity index has been put together by a major third-party index provider for structured products, says Serge Troyanovsky, head of North America retail distribution at BNP Paribas in New York.
The three indexes (Ultimate Stock-Pickers, Ult
The week on Risk.net, July 7-13, 2018Receive this by email