Time to open up UK bond markets to give investors more options
The writer is chair of the Investor Access to Regulated Bonds industry group and head of fixed-income strategy and sales at Winterflood Securities
In the UK, the average retail investor can buy equities of all kinds — a triple leveraged exchange traded fund or even a crypto asset — but not a Church of England bond launched this year.
Access to the corporate bond market for both investors and discretionary wealth managers has been steadily eroded in the UK over the past 10 years, partly as an unintended consequence of the adoption of various EU regulations. At a time when retail investors are seeking safer ways to obtain yield and income, this needs to change.
This story originally appeared on: Financial Times - Author:Stacey Parsons
