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Tomorrow is today’s challenge! Webinar provides advice during uncertain times

July 2020

The role of structured products in an uncertain world was explored at the latest webinar hosted by Standard Bank Wealth International.

Clients heard from Chief Economist and Head of Research for the Standard Bank Group, Goolam Ballim; Head of Structured Products Chris Berry and Head of International Personal Banking (Isle of Man Distribution) Rachel Lee as they provided an update on the latest product suite available and how to best access capital protection.

Structured products have become increasingly popular in increasingly volatile and uncertain times where investors want to preserve their capital, but also want decent returns, with the potential to track or beat inflation. They also require transparency, particularly around costs and potential returns.

That was highlighted by the guest speakers to over 500 delegates from around the world.
Aimed at protecting capital during uncertain times, the webinar was hosted by Erik Olwagen, Head of IPB (South Africa Distribution), who welcomed participants before Goolam presented his own independent research with an overview of anticipated prospects in the global market arising from the Covid-19 pandemic.
The macro-economic update outlined the importance of staying positive amid a global GDP which is naturally smaller than three months ago, a contracting labour market and earnings prospects which are likely to be lower than expected at the start of 2020.
Goolam said there was much to consider and further speed bumps lay ahead, not least in America where an election is due to be held in November and where stocks are expensive but the manufacturing sector remains subdued.
Attention then turned to Jersey-based Chris Berry, who highlighted the latest range of capital protected products Standard Bank is offering.
In a presentation designed for clients who want to lower the risk in investments, the Head of Structured Products pinpointed solutions ranging from ‘100 per cent capital protected’ to more aggressive risk return products: all for those with different needs including direct equity and fixed income investment.
Earlier this year, Standard Bank won three awards at the Structured Products & Derivatives Awards in London; awards which celebrate leadership and innovation in the finance industry and a dedication to build innovative and client-focus solutions.
Chris said he expected the markets to remain volatile for some time but stressed the importance of keeping money working hard while keeping safe.
Full product details are available on the Standard Bank International website.
A question and answer session, with Rachel and Chris answering a range of queries, concluded the webinar which Erik said the Standard Bank Group will continue to run on a regular basis.
He said: ‘In an ever-changing world, it is important to share our knowledge on investing with Standard Bank and the latest product suite available. Clients from South Africa and around the world can open an account and invest with Standard Bank and we are committed to delivering the very best service, breaking new ground for clients and helping them navigate tough market conditions.
‘It is important to continue running informative seminars as we regularly aim to do both in the Channel Islands and the Isle of Man and ensure our clients and prospective clients are aware of developments and any associated risks.’


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