Rare Euro Stoxx 50 structured product launched in the UK

New Barclays structured product is one of few based on Eurostoxx 50

Flying in the face of fears about European equities, Barclays has issued a structured product in the UK that uses the Euro Stoxx 50 Index as its sole underlying.

Seeing opportunity amid the eurozone crisis, the bank has launched the six-year product in a market where the majority of products are based on the domestic benchmark index, the FTSE 100.

The Eurostoxx 50 Supertracker offers geared exposure to European equities and includes a 'best entry' feature, which, according to Barclays, is

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