EFG Raises Over 1 Million Francs From Myanmar-Tied Certificates
This article is for subscribers only.
EFG Financial Products AG, the Zurich-based structured products distributor, has raised more than 1 million Swiss francs ($1.1 million) selling certificates linked to a gauge of companies with business tied to Myanmar.
Most sales have taken place this month, Manuel Duerr, who oversees distribution of structured products to individual investors, wrote by e-mail. The company began offering the investments tracking its Solactive Myanmar-Focused Asia Index on Switzerland’s Scoach exchange in November. The equity gauge includes 11 companies that currently focus their business on the Southeast Asian nation or bordering countries, or plan to do so.