Investment management firm Mansard Capital is planning to launch a protected investment plan (PIP) for retail investors. The product is designed as a low-cost capital protected investment solution to meet investor's wealth goals. Mansard Capital hopes the product will provide capital protection for clients and help advisers overcome clients' reluctance to commit funds in a tough economic climate. It will also allow investors to lock-in profits and increase their level of capital protection. The PIP is designed to provide financial advisers with a solution for clients who may be saving for specific purposes such as university fees and a new house. {desktop}{/desktop}{mobile}{/mobile} Leon Diamond, founder of Mansard Capital, said: "With so much economic uncertainty still around, investors have been crying out for a low-cost opportunity to help them build their wealth while limiting the potential downside. "We are working with a number of partners to bring this unique PIP to the UK market and provide financial advisers with a solution to their clients' wealth needs." The product is expected to be launched in the first quarter of 2013. Mansard Capital was launched in August 2010 and has assets under management of £160 million.
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