Liechtenstein's iMaps has launched the first exchange traded instrument (ETI), also known as an actively managed certificate (AMC) under its public offering issuance programme.

The new product started trading on the multilateral trading facility (MTF) of the Vienna Stock Exchange today. The Haack Performance ETI was launched for PP Asset Management - an asset manager licensed by the German Federal Financial Supervisory Authority (Bafin). The structured note tracks the performance of the Haack investment strategy, which achieved a performance of almost 20% in the past year, and aims at investing in stocks admitted to trading at a regulated market as well as in structur

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