UK structured investment specialist Blue Sky Asset Management has launched a new growth plan which aims to provide advisors and wealth managers with risk control and access to alpha defined by formula.

The six-year plan will generate the minimum return of 25 per cent if the FTSE 100 index is at or above its starting level at maturity. The maximum return of 90 per cent will be generated if the index rises by 45 per cent over six years.

The plan includes defined protection from stock market falls, with capital protected at maturity unless the FTSE 100 closes below 50 per cent of its starting level during the investment term and is below its starting level at maturity.

The counterparty is Societe Generale.