Portugal's BIG looks to exotics

Investment bank and online brokerage platform Banco de Investimento Global (BIG) has launched Portugal's first structured product linked to the FTSEurofirst indexes. As one of Portugal's few banks with its own options book, BIG says it is in a prime position to deliver a variety of products. Shamillia Sivathambu reports

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The Alto Rendimento Dual, a 100% principal-protected product allocated over three years to a fund that tracks the FTSEurofirst 80, is Portugal's first structured retail product to offer domestic investors exposure to a tradeable set of European indexes. Launched just over two months ago, it is the country's first product referenced to the FTSEurofirst 80, and according to Catarina Braga, head of institutional sales at Banco de Investimento Global (BIG), it paves the way for further pioneering

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