Last year the award was for best structured product but for 2006 it was broadened out to best overal...
Last year the award was for best structured product but for 2006 it was broadened out to best overall provider. This reflects the panel's view that it is important to give the accolade to a group that has a consistent record of providing solidly built products to investors which contain no hidden, or unpleasant, surprises.
Bank of Ireland (I.O.M.) stood out for its ability to produce a series of six products throughout the course of the year which were easy to understand and linked to major indices.
All in all the judges felt the organisation excelled at producing solid and reliable offerings that struck a sensible balance between equity market exposure and downside protection.
The products varied with range of terms, from one year to six, and offered investors access to a broad choice of major indices, such as the FTSE.
In second place was HSBC Bank International. It too impressed the judges with its regular issues of products which have helped it to carve out a sizeable niche in this market.
Meet the judges
Iain Fairbairn, Armstrong
Iain Fairbairn is managing director of property fund specialist Armstrong Management and the related fund consultancy company Armstrong Associates. After a career spanning over 15 years, Fairbairn formed Armstrong in late 2000 operating from the Isle of Man.
Alliance & Leicester International
HSBC Bank International - HIGHLY COMMENDED
Scottish Life International
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation