Optimism sparks interest in tailored products
Bullish outlook for equities has sparked interest in bespoke structured products, according to George Lucas, managing director of boutique fund manager Instreet Investment Management.
Lucas, whose company specialises in tailored products for high net worth retail investors, said the current market environment has created increased appeal for such products among advisers and clients who wish to implement their own views in their portfolios.
“These products offer a tailored solution where either the adviser or client chooses the underlying asset classes and designs the payout profile to meet their specific views and financial needs,” Lucas said.
“It also highlights where the financial planning industry may be heading as advisors are looking to offer individual solutions that engage their clients with a tailored product.”
Instreet recently won a mandate from a boutique adviser practice to construct a bespoke product based on a basket of eight US stocks covering five industry sectors.
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