Dutch manager aims at low correlation with BNP Paribas ‘easy coupon’ play

Wilgenhaege has collaborated with BNP Paribas for the launch of Easy Coupon 12.8% in the Netherlands. The five-year product offers a memory coupon of minimum 12.8%, providing the shares of ASM International and ASR Nederland close at or above 80% of their respective starting levels on the annual observation date. It is the asset manager’s first Phoenix autocall since November 2021, having preferred the Athena (growth) structure for its last three launches. The choice for a Phoenix autoc