Top
Chartered Investment enters cooperation with Vontobel and EFG
19. March 2024 | Medienmitteilung

Chartered Investment enters cooperation with Vontobel and EFG

  • Opus will join deritrade®, a leading multi-issuer platform for external asset managers and banks for structured products, as an issuer
  • Opus provides customized counterparty credit risk to deritrade®
  • EFG will join as an issuer on deritrade®
  • Chartered Investment provides structuring and securitization expertise to both issuers, now accessible on deritrade®

Chartered Investment, Vontobel and EFG entered in a cooperation for the production and distribution of structured products. The cooperation covers white-labelling services along the entire value chain of structured products. Starting first week of April 2024, Structured Products issued by EFG International Structured Finance (Luxembourg) will be available on deritrade®. As part of this cooperation, EFG will access Vontobel’s technology platform and expertise in structuring, pricing, issuing, trading and lifecycle management services.

“We are pleased to welcome EFG and Chartered Investment as our new white-labelling partners and issuers on deritrade®. This partnership strengthens Vontobel’s position as a leading provider of structured products. We are committed to providing our investors with the broadest and most competitive offering,” says Otto Huber, Head of Structured Solutions & Treasury at Vontobel.

Furthermore, Vontobel and Chartered Investment Germany GmbH, a capital markets solution provider regulated by the German Federal Financial Supervisory Authority (BaFin), are launching a new production and issuing solution for structured products. In partnership with EFG as the pilot user, this new solutionis open to additional partners looking to diversify their refinancing activities with structured products without holding derivatives on their books.

Opus (Public) Chartered Issuance S.A., Luxembourg, will join deritrade® as an issuer of structured products. Opus will invest the proceeds from the issuance in financing instruments of different funding partners, as per selection of the deritrade® client, hence, offering investors tailored counterparty exposure.

“The Luxembourg Securitization framework will allow additional funding providers to enter the Structured Products market. Investors will benefit from further diversification and high-quality funding partners such as EFG,” adds Jörg Bode, member of the Executive Committee at Chartered Investment.