Barclays Capital has devised a with-profits alternative, in-cluding guarantees, which it is looking ...
Barclays Capital has devised a with-profits alternative, in-cluding guarantees, which it is looking to sell to life offices. The group has devised the structure of the vehicle, which is effectively run as an open-ended structured product, but will not market the fund itself. David Stuff, head of structured product sales at Barclays Capital, confirmed negotiations are in progress with a number of life offices and fund managers, including sister group Barclays Global Investors. The G-Fund uses an Oeic structure and derivatives to offer up to 70% exposure to the returns from the FTSE 10...
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