Morgan Stanley has unveiled three structured products across a range of different asset classes, ranging from emerging market equities to UK government bonds.

The US firm is launching the The Morgan Stanley FTSE Protected Growth Plan 30 which is a six-year plan, offering growth potential and complete capital protection from Morgan Stanley. If the UK’s FTSE 100 Index rises by 10 per cent or more after three years, then investors can exit early and receive a fixed return of 26 per cent. Otherwise, the plan continues to maturity when investors will receive 120 per cent participation in any growth of the FTSE 100 Index over the investment term.

The structured products market continues to witness a steady trickle of new launches and appears to have recovered after the blow to the sector from the bankruptcy last autumn of Lehman Brothers, the US investment bank that wrote many of these products. Notable providers in the wealth management space include Barclays Wealth.

In its launch programme, Morgan Stanley said it has also rolled out the a six-year plan offering investors exposure to four of the world's largest emerging markets: Brazil, Russia, India and China. The plan offers 115 per cent participation in any growth in the S&P BRIC 40 Index up to the maximum return of 57.5 per cent, plus 100 per cent capital protection provided by Morgan Stanley.

In the third product launch, the firm is offering the Morgan Stanley FTSE Gilt-Backed Growth Plan 3, a product tracking the UK government debt market. The plan may mature early, on each anniversary of the plan start date, if the index value is equal to or greater than the initial level. In this instance, investors will receive the return of their initial capital plus 7 per cent for each year the plan has been live. After the plan’s full term, as long as the FTSE 100 Index has not fallen by 50 per cent or more since the start of the three-year investment term, investors will receive the full return of their initial investment.