Specialist structured products firm Hilbert Investment Solutions has been granted approval from the Financial Conduct Authority to sell products in the UK.
The firm can now offer its services to a range of market participants in the UK including: pension institutions, asset managers, insurance companies, private banks, wealth managers, distributors, IFAs, and family offices.
In addition, Hilbert – which is also regulated in Paris to serve the French market – has said it is launching two core products: a protected deposit product and bespoke structured solutions.
The protected product provides the investor with a quarterly coupon, a bonus performance in rising markets, and full capital protection achieved through exposure to bonds.
Structured solutions focus on highly customised products, offering access to a range of investments, market components, bond issuers and optimisation of the risk return profile.
Established in 2012 by former Old Mutual head of structured products, Steve Lamarque, Hilbert specialises in the engineering of cross asset, structured solutions, equities, rates and commodities.
Mr Lamarque, partner of Hilbert Investment Solutions, said he has seen growing interest in structured solutions in the UK over the last two years.
He said: “This interest is seen across the span of the market including both the institutional and advisory side, including a growing interest from IFAs and wealth managers who wish to offer clients a more certain outcome.”