The Dutch independent wealth manager has collaborated with BNP Paribas for a capital-protected product that is a mix between a fixed income investment and a traditional index-linked structure.

Van Lanschot Kempen (VLK) has launched the USD Capped Index Garantie Note Wereld 25-30 as a public offer in the Netherlands. Issued on the paper of BNP Paribas, the five-year medium-term note offers access to a weighted basket comprising the S&P 500 (80%) and Eurostoxx 50 (20%) indices. This product offers a balance between a traditional fixed income investment and a direct investment in the stock market - Marcel Pronk The product pays a fixed coupon of 2.0% per year, regardless of the p