Vontobel enters the Dutch market for leveraged products, driving forward its targeted expansion in Europe
- Today Vontobel will launch a range of certificates at Euronext in Amsterdam, one of the main markets for leveraged products in Europe.
- The initial product offering – with a comprehensive portfolio of constant leverage certificates as well as knock-out products – will be extended in the next few weeks.
- By entering the Dutch market for leveraged products, Vontobel is expanding its presence in the European structured products market.
- Dr. Wolfgang Gerhardt, Head of Financial Products Europe at Vontobel, opened trading by sounding the Euronext Amsterdam gong.
The family-based and more than 90 years old Swiss bank Vontobel, one of the leaders in the structured products market in Europe, has made its debut in the Netherlands by listing constant leverage certificates (Bull & Bear-Certificates) as well as knock-out products on Euronext Amsterdam. The initial product offering will be extended through a comprehensive suite of products in the next few weeks – enabling private and institutional investors in the Netherlands to execute individual trading strategies in accordance with their individual risk profiles. Structured products are suitable for rising or falling markets and can also be used for portfolio hedging.
Bank Vontobel Europe AG, the German subsidiary of Vontobel Holding AG, will be responsible for the distribution, quoting and trading of the certificates. The issuer is Vontobel Financial Products GmbH in Frankfurt. Vontobel will offer leveraged knock-out products which account for around 98% of the Dutch market. Additionally, Vontobel will also offer a wide range of Bull & Bear-Certificates which are, contrary to other European markets, not yet frequently traded on the Dutch market. As a highly competitive market, The Netherlands is a substantial opportunity for the European expansion of Vontobel’s structured products business.
“Developing and selling structured products is at the heart of Vontobel’s DNA. We have 30 years’ experience in this sector. Investors can rely on its strong know-how as well as on its well-known agility and fast-growing expansion on the Swedish, Finnish and Italian markets. Its interactive trading platform as well as cost-efficient processes and innovative platforms are a key factor of its European success.” explained Roger Studer, Head of Vontobel Investment Banking, who also serves as a Vice President of the European Structured Investment Products Association (Eusipa), at the opening of Euronext Paris on Monday January 23rd.
Dr. Wolfgang Gerhardt commented: “Our core capabilities reflect the demand of the Dutch market in terms of the client requirements for certificates – especially constant leverage certificates as well as knock-out certificates. Our initial range mainly consists of knock-out warrants and constant leverage certificates on the leading Dutch, European and US indices and equities.
Our offering is comprehensive: not only do we provide market access and liquidity for private and institutional investors, but also strong market-making capabilities and the accuracy of Swiss quality. Vontobel plans to continuously expand this offering in the coming months.”
Vontobel is one of the leading issuers of structured products in Europe. In 2016 it ranked top 2 in Switzerland with a market share of 26.0% and top 5 with a market share of 6.8% in Germany. In the last two years, Vontobel successfully entered the Swedish, Finnish and Italian markets, where it soon ranked top 2, top 3 and top 6 respectively for the year 2016. Vontobel is committed to pursuing its growth strategy in other European markets.
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