Open-ended constant proportion portfolio insurance (CPPI) is being considered as the next alternativ...
Open-ended constant proportion portfolio insurance (CPPI) is being considered as the next alternative to with-profits and can offer greater upside potential than its traditional counterparts, according to David Macdonald, head of domestic and offshore insurance retail solutions at Barclays Capital. Macdonald said: "An open-ended CPPI is an ideal investment for unit-linked annuities and can be used to replace the with-profit product as the staple investment choice. It presents opportunities for managing clients who fall into the cautious managed space or clients who wish to save for a futu...
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