TITLE

Bond sales to slow in switch to equities

AUTHOR(S)
Stodell, Hannah
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces the Fidelity International's prediction on the slowdown in the corporate bond sales towards the latter part of 2009. The Investment Management Association (IMA) statistics for April 2009 showed bond funds that kept an account for £1 billion of the £2.1 billion net retail sales, showing marginal fall. Retail sales head in Great Britain Peter Hicks said that equity funds might boost the investors in the second half as they move out of bonds.
ACCESSION #
43380891

 

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