Product wrap: structured deposits regain attention in Europe

EUROPE Barclays issued six deposit-wrapped products in the UK this week. The UK 6Y Consolation Growth Deposit Plan - October 2023 - 7870 , for instance, is a six-year pension-wrapped product that tracks the performance of the FTSE 100 index . Distributed by MB Structured Investment , the product targets retail investors. The digital payoff returns the initial capital plus 46% of the money invested at maturity if the final index level is above the predefined level. Otherwise, the plan retur