Product wrap: BNPP deploys hedge fund strategy, CIBC makes inroads in UK

EUROPE Strivo collaborated with BNP Paribas for the launch of 3000 Fondobligation Idea in Sweden. The six-year certificate is linked to a strategy based on PriorNilsson Idea , an actively managed hedge fund that employs a long/short strategy designed to create positive returns regardless of the development of the market. The fund mainly invests in large companies but can also invest in small and medium-sized companies, predominantly in the Nordic countries and Europe. It was launched in 2006 an