Product wrap: MSCI World in demand, BNP targets US investors

EUROPE BCP Asset Management marketed the 100% Protected MSCI World Bond 2 in Ireland. The five-year capital secure bond provides 130% participation in any positive performance of the MSCI World EUR Index which provides exposure to the performance of 23 developed markets countries. The return is capped at 40.3% and the final index level is subject to six-months backend averaging. Goldman Sachs is the issuer while the Dublin branch of the European Depositary Bank acts as custodian. The product is