Leonteq AG (SIX: LEON) announced today that it is launching a strategic partnership with BlackRock to develop and distribute derivative products linked to BlackRock’s fund universe.
Leonteq and BlackRock have launched a cooperation for the development, distribution and marketing of derivative products linked to BlackRock’s Luxembourg mutual fund range and iShares UCITS ETF range. BlackRock is one of the leading asset managers globally. As a strategic partner, Leonteq will develop and market structured investment products with BlackRock funds and iShares ETFs as underlying assets. In addition, Leonteq will include BlackRock’s range of funds and iShares as underlyings on its digital marketplace for structured products, LynQs, and generate monthly product ideas for distribution across its global salesforce.
Leonteq’s fund derivatives desk provides dedicated trading and structuring expertise on mutual funds, working closely with a wide range of fund management companies to deliver innovative solutions and competitive pricing. Thanks to Leonteq’s structured products expertise, it is able to offer clients downside protection, potential for higher returns or more investment flexibility when investing in mutual funds.
Lukas Ruflin, CEO at Leonteq, said: “We are proud to be partnering with BlackRock and excited that our fund derivates capabilities have convinced the largest investment manager worldwide. We look forward to presenting new investment ideas and services on fund derivatives to our global client franchise.”
Ed Gordon, Head of iShares & Wealth BlackRock Switzerland, comments: “This new partnership presents a great opportunity to introduce our leading funds and ETF range to a broader group of structured product investors. We are pleased to combine our funds with Leonteq’s structuring expertise to help clients fulfil their long-term financial goals.”
Leonteq AG is a Swiss company active in the finance and technology sector with a focus on the structured products segment. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 10 countries, through which it serves over 50 markets. Leonteq is listed on the SIX Swiss Exchange.
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of March 31, 2020, the firm managed approximately $6.47 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate
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