OMI launches ‘better products’ drive for international advisers

Added 24th November 2016

Old Mutual International (OMI) has launched a new initiative to provide international advisers and clients with access to structured products which must meet set criteria on transparency, simplicity and value, the Anglo-South African insurer said in a statement.

OMI launches ‘better products’ drive for international advisers

BNP Paribas (BNPP) will be the first provider to supply structured products to be distributed through OMI’s network.

The bank has already created a product range, known as Committed to The Future (CTF) Investments, aimed at the offshore advisory market.

OMI said the initiative will “set a benchmark for structured products” in a bid to shape the solutions available in the international market.

“OMI is playing an active role in supporting international advisers through the process of transformation, helping them create sustainable businesses which are ‘Future Fit’,” said the insurer.

The new structured products will be available through OMI’s portfolio bond in the Middle East, Europe, Latin America, and Asia.

Future fit

Prakash Chandramohan, head of product for Old Mutual International, comments: “This initiative complements our Future Fit programme for advisers and demonstrates our commitment to leading the market towards better value solutions for international advisers and investors. 

“The criteria that these new products meet will set a new benchmark for the structured products industry in international markets.  We believe the benefits to advisers and customers will be self-evident, whether they look at the coupon levels, protection barriers or simplicity of the underlying assets on offer with the new products.”

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Monira Matin

Senior Reporter

Monira joined International Adviser in March 2016 from Informa Global Markets where she worked as a eurobond reporter for over two years, covering fixed income markets. She has previously held a number of editorial positions covering politics, insurance and technology. Monira has a degree in Journalism and Economics from City University.

Features

Why you should care about the German elections

Why you should care about the German elections...

You may be forgiven for not staying up late this Sunday to watch the final results of Germany’s parliamentary elections come in. While chancellor Merkel is sure to win, the scale of her victory is likely...

Analysis

Profiles

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA International Portfolio Bond Forum Glasgow 2017
IA International Portfolio Bond Forum Glasgow 2017

Thursday 16 November
The Grand Central Hotel, Glasgow

IA Future Advisory Forum Dubai 2017
IA Future Advisory Forum Dubai 2017

Wednesday 22 November
The Shangri-la Hotel, Dubai

IA Best Practice Adviser Awards Middle East 2017
IA Best Practice Adviser Awards Middle East 2017

Wednesday 22 November
The Shangri-La Hotel, Dubai

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...