Morgan Stanley launches Asia structured product

Morgan Stanley is launching a structured product called the Asia (ex Japan) Protected Growth Plan, wh...

Morgan Stanley is launching a structured product called the Asia (ex Japan) Protected Growth Plan, which gives investors access to the region’s growth without any foreign exchange risk. The product aims to provide full return of capital, plus 150% of the growth of an equally weighted basket of the Hong Kong Seng index and the MSCI Taiwan index over the six-year term, with an early exit feature after three years. Marc Chamberlain, vice president, UK structured solutions, said: “The Asia (ex Japan) region has continued to see huge growth over the last few years with equity markets hitting ...