IPM Investors

: Worried about who IPM are, and how safe your money is You’ll probably be reassured by how successfully it has launched bonds in the past, acting as a security trustee for small investors, according to The Guardian. As its website says: In 2013, IPM launched the first successful secured mini-bond in the UK. Using its expertise in the solar park industry, it worked with a partner to produce a mini-bond that offered a 6.5% annual interest and where the investment was secured against all the assets of the business. It manages investment solutions which emphasise the preservation of capital . Just this week it completed raising £5m from investors for its Providence Bonds, which pay interest at 7.5% quarterly and where you only have to put a minimum of £1,000 down. This was an innovative solution , says IPM, that cut out the pesky banks so that the investor received the high yield, not the bank . This is news to the 973 people who invested in the 6.5% Secured Energy Bonds launched by IPM back in 2013. I asked IPM how its website could possibly make such a boast, and its reply was that it would look into it . Previously IPM has made it clear that it carried out its trustee duties correctly and said it was not liable to compensate people. They have lost every penny they put in – and are rightly outraged that IPM is boasting about what was, in reality, a catastrophic failure. (news.financializer.com). As reported in the news.