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France,United Kingdom : PRESTIGE AM inks product structuring and distribution deal with NATIXIS

June 7, 2014

Prestige Asset Management declared that it has entered into a product structuring, marketing and distribution deal with France-based Natixis.

Under the agreement, Natixis Structured Issuance SA will issue Prestige s UK and International marketing, sales and distribution teams distributing bespoke market based structured notes, whereas Prestige's in house distribution teams will be distributing the products globally to a diverse investor base, consisting of over 250 active investor groups and financial advisors.

The first set of products to launch will be 5-year Autocallable notes available in Euros, British Pounds and US Dollars. The notes will be based around a portfolio of 5 Global Titan blue-chip stocks consisting of Banco Santander, GlaxoSmithKline, AT&T, Siemens and Sanofi.

The firm has seen an increasing demand from our customers for innovative market based structured products that can take advantage of this kind of environment, said Craig Reeves, founder of Prestige Asset Management.

Reeves said, With many bond yields at near all-time lows, and many equity markets at near multi year highs, and with an increase in volatility likely in the coming months against a backdrop of potential rising interest rates and increasingly expensive real estate, there has seldom been a more relevant time in recent history to provide investors with a genuine potential alternative inflation hedge in an increasingly uncertain and volatile world.

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Source: TendersInfo (India)

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