The Sterling Report. Sunday, April 12, 2015
FRANKFURT, Germany — Traders watch their screens at the stock market in Frankfurt on Friday. The German stock index DAX reached an all-time high with more than 12,300 points. (PHOTO: AP)
The fixed income asset class has a fairly widespread reputation for being conservative and less rewarding than other asset classes. Fixed income instruments usually rank above equity in the capital structure of a corporation, and as such, have a higher claim on a company’s assets in the event of bankruptcy. As a result, fixed income assets usually have lower yields since there is slightly less risk. However, many different types of fixed income instruments have been created and issued which can appeal to traditional equity investors who crave higher returns but slightly less risk.
http://www.jamaicaobserver.com/business/Bonds-for-equity-investors_18729987
