After failed attempts in the US and UK markets, the Swedish distributor has launched its first products in South Africa with the French bank.
Swedish structured products marketing firm SIP Nordic has entered the South African market via a collaboration with BNP Paribas and investment platform iTransact. SIP Nordic South Africa is headed by Peter Steele as managing director. Steele joined the firm in early 2020 to establish the firm’s sales distribution in South Africa. Steele who was previously in charge of structured products and unit trusts distribution at Cadiz Asset Management in South Africa. He said SIP Nordics SA will o
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