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New Kid Enters The Structured Products Block

Tom Burroughes

17 December 2013

A new firm, , has entered the structured products marketplace. The brand is the result of a three-way union between Racing Green Investment Services (owners of the Focus Structured Solutions brand, which is a trading name of Meteor), Meteor Asset Management Limited and Credit Suisse.

The brand has been formed to allow Racing Green and Meteor to work exclusively with as counter-party, according to a statement from the companies.

Meteor Asset Management, in conjunction with Meteor Investment Management, will act as plan manager and plan administrator respectively, while Racing Green Investment Services will be responsible for distribution, the statement said.