SMI goes Italian

Professional Adviser
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Scottish Mutual International plans to launch into the Italian and Hong Kong market later this year ...

Scottish Mutual International plans to launch into the Italian and Hong Kong market later this year ' with the first product being a with-profits bond. However, the deals are still subject to approval. Scottish Mutual International sees the Italian market as a natural expansion and its entry strategy will be similar to the one used for the German market. The first product for the Italian market will be a euro-denominated with-profits bond which will invest in Eurozone equities. Minimum investment is not yet determined, but will reflect local market conditions. Italy has lower premiums...

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