Swiss derivatives specialist Leonteq has joined forces with American asset manager Blackrock to develop and distribute derivative products linked to the latter’s Luxembourg mutual fund as well as iShares UCITS ETF range.
Under the strategic partnership, Leonteq will develop and market structured investment products with Blackrock funds as underlying assets.
Commenting on the tie-up, BlackRock Switzerland head of iShares & Wealth Ed Gordon said: “This new partnership presents a great opportunity to introduce our leading funds and ETF range to a broader group of structured product investors.”
At the same time, the derivatives firm will add Blackrock’s funds and iShares as underlyings on its LinQ digital marketplace for structured products.
Leonteq CEO Lukas Ruflin 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.”
Leonteq delivers derivative investment products, focusing on the capital protection, yield enhancement and participation product classes.
It has offices and subsidiaries in ten countries and caters to more than 50 markets.
The firm entered into various similar partnerships in recent times.
In April this year, Leonteq partnered with Swiss cantonal bank Basler Kantonalbank to offer structured investment products.
In the same month, Leonteq also teamed up with Rand Merchant Bank to develop and distribute structured investment products.