BNP Paribas and Momentum team with alternative structured notes

A new structured note product gives Asian investors exposure to hedge funds.
BNP Paribas has teamed up with hedge fund group Momentum to provide Asian clients with a new structured note product that gives them exposure to hedge funds.

The notes, which BNP Paribas has been offering to clients in Europe for two years, will be marketed to local discretionary funds, insurance companies and corporate treasury funds as an alternative to cash.

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