search query: @author Edwards, D. / total: 4
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| Author: | Edwards, D. |
| Title: | Dilemma of the bond's decline and fall |
| Journal: | Accountancy
1994 : DEC, VOL. 114:1216, p. 37-41 |
| Index terms: | BONDS INVESTMENT CAPITAL |
| Language: | eng |
| Abstract: | Constrained by the terms of the Trustee Investments Act, smaller charities stand to suffer significant erosion of their investment capital if the bond and equity markets "decouple". Bond markets are becoming less attractive than equity markets in the eyes of the institutional investor. Much has been made of an expected "decoupling" of the equity and bond markets, wherein the former powers ahead on the strength of ever-increasing corporate earnings. |
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