Notes in dollar and euro denominations can be bought following european launch last week
UK investors can buy individual corporate bonds direct through the InterNote system launched into Europe last week by Incapital Europe. With a minimum investment of e1,000 or $1,000, InterNotes are offered to the market at par price with a set coupon and redeemed at that price. This increases transparency and eliminates downside risk in relation to collective corporate bond vehicles, according to managing director of Intercapital Europe Roy Fraser. 'When buying into a corporate bond fund, there are initial and annual management fees to pay,' he said. 'The portfolio is typically open-en...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes