fixed income

0.25% charge on £100,000 investment

Additional funds to be added in due course

European bond funds suffered €433bn outflows in 2008

Fixed income best-selling asset class in July

$20bn to $30bn 'bespoke tranches' issued in 2017

‘Promising lead’ or ‘Back to the lab’?

High valuations across financial markets

Consider hybrid capital

Between 4.07% and 4.83% annual interest

High risk of policy error