Hendersons to offer its first structured product

Hendersons is to make its first foray into the retail structured products market by the end of the year. Managing director Simon Ellis said the group is discussing the form of the products with distributors and has yet to decide what securities or indices to base them on. 'We have spoken to a number of leading distributors of structured products to find out what sort of things they want us to make,' Ellis said. 'We will be responsive to what their marketplace wants at any one time.' Hendersons already runs structured products for sister companies Pearl and NPI but the new products wil...