Corporate bond issuance 'so low it would take 200 years to match DB liabilities'

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The net new issuance of sterling corporate bonds is set to reach a "woeful" £7bn for 2015, according to JP Morgan Asset Management (JPMAM).

But issuance of US corporates bonds was expected to be 25 times greater than sterling, making it a potentially attractive investment for UK schemes, JPMAM managing director Rupert Brindley said. ...

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