Equity mangers and bond investors generally pursue differing mandates. Equity managers seek opportunities to grow assets and are willing to risk the loss of capital to do so. Over a long term, the goal is to grow purchasing power (i.e., earn an after tax rate of return that exceeds the rate of inflation). Fixed income managers focus on the opposite side of the return distribution; capital preservation is their primary objective and capital appreciation is a secondary objective.
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Equity mangers and bond investors generally pursue differing mandates. Equity managers seek opportunities to grow assets and are willing to risk the loss of capital to do so. Over a long term, the goal is to grow purchasing power (i.e., earn an after tax rate of return that exceeds the rate of inflation). Fixed income managers focus on the opposite side of the return distribution; capital preservation is their primary objective and capital appreciation is a secondary objective.
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Add this copy of Quantitative Analytics in Debt Valuation and Management to cart. $98.77, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2012 by McGraw-Hill Companies.
Add this copy of Quantitative Analytics in Debt Valuation & Management to cart. $141.43, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2012 by McGraw Hill.
Add this copy of Quantitative Analytics in Debt Valuation & Management to cart. $189.03, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2012 by McGraw Hill.
