Hedge Fund

What is yield to maturity and why is it useful?

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

A method of trading using borrowed money that usually involves a very high level of risk.

Bonds and stocks.

We look at what is a depository and what role they play in keeping markets work.

A way of calculating compound returns on an investment or savings over a set period of time.

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

A debt instrument issued by the UK government with a maturity of less than one year.