IMA: UK corporate bond market hinders retail investors

Retail investors are being excluded from the UK corporate bond market, says the Investment Managemen...

Retail investors are being excluded from the UK corporate bond market, says the Investment Management Association. In a new report, the IMA gives a number of reasons for retail investors being held back in favour of institutional clients. It blames the large number of bond issues and the complex way they interact, saying this makes it difficult for investors to understand the implications if a company fails. "Although the number of companies issuing bonds is akin to that in the equity markets, each issuer typically has a plethora of different bond-issues but only one type of share," i...