Product snapshot: Wilgenhaege gets timing right on SG autocall

Wilgenhaege has added 10% to the coupon of NN-DSM 17 , a five-year autocallable, which struck on February 26 in the Netherlands. The underlying shares of the medium-term note, NN Group and DSM, rose with 1.8% and 9.8%, respectively, since the start of the subscription period, and the fund manager decided to increase the annual coupon from 17 to 27%. “Timing is of real importance, and we are good at timing,” said Ronald Koppelle, senior account manager, investment products, Wilgenhae