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Dow Jones launches new single commodity sub-indexes

Dow Jones Indexes and AIG Financial Products have launched the Dow Jones AIG Platinum, Lead and Tin Sub-Indexes. The indexes have been licensed to ETF Securities, London-based provider of exchange traded commodities.

Meteor launches product offering 10% income

Meteor Asset Management (MAM) has launched the Solar Income Plan, a five-year product based on five major UK banks: Barclays, HBOS, HSBC, Lloyds TSB and RBS. The plan offers a fixed income of 10% per year or 0.8% per month. Capital is returned in full,…

NDFA launches capital secure fixed growth plan

NDFA, provider of structured products in the UK, has launched the five-year Capital Secure Fixed Growth Plan March 08 offering a 45% fixed return. The plan, which provides full return of capital, is linked to the FTSE 100 and offers 45% return without…

BNP Paribas launches collective investment fund

BNP Paribas has launched the second in the Volluto series of capital guaranteed collective investment funds for retail investors in France. The fund, known as a fonds commun de placement (FCP), is designed to offer a 7.7% annual return throughout its two…

Lehman launches two new issues

Lehman Brothers has launched the Enhanced Returns Plan issue 3 and the new Enhanced Deposit Plan in conjunction with the ISA/plan manager DRL.

Morgan Stanley offers new currency ETNs

Morgan Stanley has issued two new exchange traded notes (ETNs) linked to the Chinese Renminbi and the Indian Rupee. Each note will be listed on the Arca platform of the New York Stock Exchange (NYSE), and investment manager Van Eck Global will market the…

S&P launches first real-time currency indexes

S&P has launched the first real-time currency indexes, the S&P Chinese Renminbi index and Indian Rupee index, which are designed to provide exposure to emerging economic countries that currently lack a liquid currency futures market.

Barclays Wealth launches new suite of investments

Barclays Wealth has launched a new suite of investments offering competitive pay-offs. The new suite, which is open between March 3 and April 30, is designed to attract rollover money from impending maturities and is attractive for ISA investors who want…

Clariden Leu opens in the Middle East

Clariden Leu has opened an asset management company in Dubai which will offer structured products. The Swiss private bank will not be promoting specific products that are only focused on Middle East markets, although may develop a specific product in the…

Deutsche offers liquid gold

Deutsche Bank will issue three exchange traded notes linked to its Liquid Commodity Index-Optimum Yield Gold offering a simple way to take a leveraged or short view on the price of gold. The notes will be traded on the NYSE Arca, and listed as: DB Gold…

Merrill targets prospering frontier

Merrill Lynch Global Research has launched the Merrill Lynch Frontier Index, an equity index designed to provide exposure to the largest and most liquid stocks from frontier markets in Europe, the Middle East, Africa and Asia.

Geiger leaves Deutsche Börse Index for Vontobel

Heiko Geiger has left Deutsche Börse Index, where he was head of sales and marketing, to join Bank Vontobel in Frankfurt. Geiger will be responsible for public distribution of retail structured products in Germany for Vontobel, reporting to Georg von…

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