BARCLAYS has launched a structured product offering exposure to global equities via the Dow Jones Global Titans 50 index.
The five-year structured deposit will be available from December 1 until January 29 next year and requires a minimum investment of £20,000. It offers a percentage of the rise in the value of Global Titans 50, which includes firm such as BP and Coca-Cola, subject to final year averaging. The return will be 7.5pc or 100pc of the growth in the index, whichever is greater. Over a year to November 1, the index returned 15.58pc and over three years 29.4pc. Barclays said the offer would appeal to investors that separately hold cash in an offshore bank account or life bond. David MacDo...
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