Skandia offers the insurance route
Global savings and insurance heavyweight, Skandia, has been distributing structured products in Sweden since 2005 when it launched two products with Skandiabanken as issuer. Since then the Swedish branch has gone on to use various other intermediaries and its insurance expertise in a tax savvy wrapper. Rebecca Hampson talks to Joakim Gäverström, head of structured products at Skandia
After distributing its first structured product in 2005, Skandia Insurance took to producing them in September 2009, launching its first product in April this year. The first products distributed were issued by Skandiabanken, an internet bank owned by Skandia and based in Sweden. “Skandia was quite late to the game of producing structured products, but has seen healthy flows into its own products since the initial launch,” says Joakim Gäverström, head of structured products, Nordic division at
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