The Dutch asset manager offers a 16.5% coupon on insurance stock that is viewed as a little boring, by its chief executive officer, Jerry Langelaar (pictured).

Wilgenhaege has collaborated with Société Générale in the Netherlands to launch the NN Click 16.5% – a new five-year autocall linked to the share of NN Group. The product can be redeemed early, annually, providing the share closes at or above its initial level on the valuation date. In that case, it returns 100% of the nominal invested and a coupon of 16.5% per year elapsed. NN Group is the parent company of Nationale-Nederlanden (NN) and NN Investment Partner

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login