The latest offerings in investments, such as funds and structured products, and other notable developments.
Hilbert Investment Solutions
Structured-product provider Hilbert Investment Solutions has launched a new structured product plan and online portal for retail clients. Its 3 Stock Defensive Autocall Issue 7 aims to provide investors with fixed growth returns of up to 15 per cent a year (7.5 per cent semi-annually) over a seven-year span.
The new plan is linked to the performance of three stocks: Barclays, Aviva, and Vodafone Group, and can mature early if certain conditions are met. It is also a dual tax-year product allowing investors to use their ISA allowance for both the 20/21 and 21/22 tax years, the firm said.
The firm, which has bases in London and Paris, said that its clients will also have access to a new online portal to view investments and submit KYC information. The firm expects to roll out a similar platform for IFAs later this year.
"The feedback we've received from partner IFAs for this product has been extremely positive, and we feel it will be an excellent fit for those seeking fixed growth returns with a degree of capital protection," said Dasale Mallawa-Arachi, Hilbert's UK head of distribution.
Hilbert was launched in 2012 by former Old Mutual head of structured products Steve Lamarque. It specialises in cross-asset and structured solutions covering equities, rates and commodities.