The Swiss derivatives specialist has teamed up with the world’s largest asset manager. It will develop and distribute derivative products linked to Blackrock’s fund universe.
Leonteq, a provider of derivative products, and Blackrock agreed to a strategic partnership, according to a statement released by the Zurich-based company.
Under the terms of the agreement, Leonteq will develop and market structured investment products with Blackrock funds as underlying assets. Also, Leonteq will include Blackrock’s funds and iShares as underlyings on its digital marketplace for structured products, LinQ.
The Swiss company in April announced a pact with Rand Merchant Bank, one of Africa's largest banks. The agreement with Rand Merchant include an arrangement according to which the partners agreed to jointly develop and distribute structured investment products.
