LSE today launched a bond market for retail investors. This has previously been a corporate market with minimum investments of £50,000. The launch to retail customers now means individuals can buy bonds in companies such as BT and Tesco for a minimum as low as £1,000. This market is quite small at sent but is expected to grow. This should help savers who are currently losing money against inflation on cash deposits, invest in low risk bond funds for greater returns. Savers should be aware of the greater risk investing in bond funds although this is typically lower than investing in stocks and shares.
If you are looking to increase your return on cash deposits in the retail bond market or by means of corporate bond funds which are managed by fund managers, please speak to your financial adviser or call us on 0800 435648 if you are not already a client.
Tags: Retail Bond Market