The German bank continues flexing its financial position to pursue growth in Italy and Europe; Leonteq adds Sharia products; Luma unveils annuities platform; Switzerland’s Atlantic Derivatives rebrands; Halo buys stake at US investment manager.
Unicredit is listing its range of approximately 150,000 leverage and investment products as an issuer in the Easy Euwax trading segment of Boerse Stuttgart Group.
For the of Unicredit listed structured securities in Easy Euwax, no exchange transaction fees will be charged.
Through this low-cost and reliable offering, we are strengthening exchange trading in structured securities – together with the issuers as our partners - Dragan Radanovic, Boerse Stuttgart Group
Easy Euwax was launched as an exchange-based zero-fee segment for structured securities trading and is open to all issuers to complement the Euwax segment of Boerse Stuttgart Group.
Morgan Stanley was the first issuer to list its products in Easy Euwax, followed by Raiffeisen Bank International and Erste Group. In total, the trading segment now comprises over 500,000 leverage and investment products on a wide variety of underlyings.
'Through this low-cost and reliable offering, we are strengthening exchange trading in structured securities – together with the issuers as our partners,” said Dragan Radanovic (pictured), chief business officer of Boerse Stuttgart Group.
Nikolaus Barth, managing director and securities expert at Unicredit in Germany said: ‘We (…) would like to further increase the quality of Unicredit's offering of structured securities by listing them on Easy Euwax.’
The price fixing and transaction settlement of the products listed by Unicredit for exchange trading in the Easy Euwax segment will be independently monitored by the exchange’s Trading Surveillance Office.
Leonteq announces OCBC collaboration
The Swiss specialist structured product firm has announced a new collaboration with Oversea-Chinese Banking Corporation Limited (OCBC).
Under the terms of the partnership independent wealth managers in Hong Kong and Singapore will now be able to access OCBC’s structured products directly via the LYNQS platform.
OCBC is an active structured products provider for retail investors and offers a diverse range of equity derivative products tailored for professional investors in Hong Kong and Singapore – The Singapore bank carries ‘high quality credit ratings’ of Aa1 by Moody’s, and AA- by Fitch and S&P.
Luma unveils life insurance platform
Structured products and insurance solutions platform Luma Financial Technologies has announced its expansion into the life insurance sector.
With more than half of US adults holding life insurance, the move into life insurance is driven by the increasing need for integration between life insurance and annuities and the alignment of financial professionals and the financial goals of their clients across the entire investment lifecycle.
The new platform integrates life insurance with annuity management, offering financial professionals a unified tool for comprehensive financial planning - it includes a wide range of features, such as educational content, product quotes, illustrations, and comparisons, as well as streamlined electronic order entry.
Advisors can also track their entire portfolio of life insurance business within the platform, simplifying access to critical information and enabling more informed decision-making.
‘This expansion is a major milestone for Luma, further establishing our leadership in the alternative investments and insurance solutions while advancing our mission to deliver innovative digital solutions that meet the evolving needs of advisors and their clients,’ said Tim Bonacci (above right), president and CEO of Luma Financial Technologies.
Jay Charles, managing director of insurance products at Luma Financial Technologies, added: ‘As demand grows for a unified approach to managing both annuities and life insurance, Luma is rising to the occasion. Our technology, which has redefined annuity management, will now do the same for life insurance—empowering advisors to better serve their clients and enabling carriers to expand their reach.’
Swiss structured products specialist rebrands
Geneva structured products specialist Atlantic Derivatives has rebranded to become Altitude Investment Solutions.
The rebranded company aims to support wealth management professionals and institutional investors in the design and management of structured products via an open architecture approach.
Altitude will rely on a team of structuring experts, financial engineering, strategy and execution and a proprietary digital platform, Platon.
Founded in 2017 and also established in France, Atlantic Derivatives belonged until 2023 to the Atlantic group, also active in real estate, private equity and wealth management.
In 2023, Julien Duniague its founder and CEO acquired 100% of the company. Before founding the company, Julien Duniague (right) was global head of structured products at Société Générale Private Banking, before becoming sales director and member of the bank's executive committee in Switzerland.
Altitude Investment Solutions is seeking to ‘democratize access to structured products by supporting wealth management professionals and institutional investors in the design and management of structured products’. Its open architecture model allows it to provide its clients with the best market opportunities and competitive prices.
Its internally developed digital platform Platon enables clients to manage the entire value creation chain, from the call for tenders to financial partners to the creation of detailed performance and analysis reports.
The company has 14 employees and is a member of the Swiss Structured Products Association.
Halo buys stake on income-based specialist manager
Halo Investing has announced a strategic investment in Piton Management, the general partner of Piton Investment Management.
Launched in 2015, Piton provides customized fixed income and structured product portfolios for ultra-high-net-worth individuals, financial advisors, and institutional investors. Through this investment, Halo and Piton partner to capitalize on the growing demand for income-based investment solutions.
Named after the climbing anchor, Piton believes a strategic fixed income position acts as an asset allocation anchor, stabilizing and advancing clients’ wealth steadily over time. With nearly US$1 billion in assets under management, their institutional strength fixed income capabilities will complement Halo’s platform for protective investments.
‘By engaging Piton’s capabilities on a deeper level, we can improve the investment experience in new and innovative ways,’ said Matt Radgowski (right), Halo CEO.
Jim Slattery, president, COO and CFO of Piton said: ‘This partnership expands our capabilities in providing personalized investment solutions to investors, regardless of portfolio size or assets under management.’
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