Struc Prods flood market

Morgan Stanley's latest suite includes a commercial property vehicle, offering returns even if the IPD index falls by 35%. The group said the product should appeal to investors who want property exposure but fear the market may weaken further. UK Commercial Property Growth Plan has full capital protection over a 5.75-year term and pays 100% of any growth between 65% of the initial reading and the closing level. The index can fall by as much as 35% and the product will still generate a positive return. Elsewhere in the range, the group is launching further tranches of its Asia ex-Japan, ...