Meteor kicks out Nikkei as Eurostoxx plays catch-up

News

Meteor Asset Management has removed the Nikkei 225 from its latest product offering, as European indexes close in on the performance record of the Japanese index. "This is the first plan where we have introduced the DJ Eurostoxx 50 in place of the Nikkei 225 with a view to maintaining a high kickout return," says Graham Devile, managing director of the UK-based distributor.

In the past, structurers have used the Nikkei for its attractive pricing. But now that the gap between the Eurostoxx and the

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