FNZ launches FNZ Yield Plus cash alternative solution for investors
By Gloria Methri
FNZ, the global wealth management platform, has launched FNZ Yield Plus notes to provide professional investors such as corporates, pension funds, banks, insurance companies, asset managers, and other institutional investors with a low-risk cash alternative and strengthen its global proposition.
FNZ Yield Plus notes offer investors a higher yield than comparably rated government bonds with the same maturity. Yield Plus notes can offer an enhanced risk profile compared to bank deposits, with enhanced collateral security, and pay regular coupons with committed liquidity on a periodic basis. The notes are available in USD, EUR, and GBP and may be customized for other currencies.
The notes strengthen FNZ’s global client proposition for professional investors adding a simple, yet sophisticated investment product to its existing end-to-end wealth management platform. Investing into the FNZ Yield Plus notes is as simple as buying any other bond security available through the investors’ existing custodian. The Yield Plus notes can also be customised, white-labeled, and curated for distributors. They are currently available to professional investors.
FNZ Yield Plus allows professional investors to benefit from recent rate increases with low risk. With this, investors have access to an innovative solution offering and enhanced yield relative to alternatives, without taking unsecured risk on banks, without liquidity mismatch, duration risk, or market risk, and without compromising credit quality.
Adam Green, FNZ’s CEO of Global Asset Management Solutions, said, “FNZ Yield Plus is an important milestone in our mission to open up wealth and make investing as innovative, transparent, and efficient as possible. For the first time, through our structured investment team, we have delivered an outsourced manufacturing note to investors. We are excited to bring this unique cash alternative solution to our professional clients and continue to invest in the breadth of personalized solutions the market increasingly demands.”
Kristopher Love, Group CFO FNZ, said, “The FNZ Yield Plus solution solves a complex cash management problem for professional investors. When we first discussed the FNZ Yield Plus solutions with the structured investment team, we realised it would also be the perfect solution for our own strategic cash and decided to allocate some of our own cash to the same Yield Plus notes as those available to our clients.”
Yield Plus is part of FNZ asset management solutions, which enable investment managers to deliver customized investment plans and portfolios at scale. By connecting integrated tools with real-time data and analysis, FNZ asset management solutions enable complex optimizations and provide remarkable insights.
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