Insights and resources
Plain-English guidance on fixed income
Our desk publishes short notes on the sterling bond market and the mechanics of income investing. Ask your adviser for the full archive.
Understanding yield to maturity
Why the headline coupon is only part of the picture, and how purchase price changes the return you actually receive.
Building a bond ladder
How staggering maturities smooths reinvestment risk and creates a rolling schedule of returning capital.
Gilts versus corporate bonds
The trade-off between government-backed security and the additional yield available from corporate credit.
Tax and fixed income
How coupons and capital gains are treated, and where ISA and SIPP wrappers can improve net income.