Jack Rose: Taking the direct approach to yield via 'good old fashioned' lending

There is now a range of opportunities available for retail investors to put money in fund vehicles which lend to small and medium sized enterprises (‘SMEs'). The failure of the world's central banks to raise interest rates above the waterline for the past decade has been the cause of much angst among savers. The search for yield has long since taken investors to the furthest corners of the financial world. Yet one avenue that has opened up is far closer to home. Not coincidentally it is also an area that, since the Financial Crisis, has largely been vacated by the high-street banks. W...