Floored and capped notes linked to interbank lending rates are seeing an increasing demand among high-net-worth investors in the UK, according to RBC Wealth Management. It also suggest that the current high volatility environment and CGT tax rules changes make structured products a timely investment. Andrew Cooper, head of structured notes, RBC Wealth Management, British Isles, said the firm has seen a growing demand for its floored and collared floating rate notes (FRNs) as uncertain investors
