Fixed Coupon Note Aggarwal Rajiv Pictet Spore
Fixed Coupon Note Aggarwal Rajiv Pictet Spore Equities are generally perceived to be more volatile than fixed income investments. They also feel that, from a historical perspective, equities are…
Specifikacia Fixed Coupon Note Aggarwal Rajiv Pictet Spore
Fixed Coupon Note Aggarwal Rajiv Pictet Spore
Equities are generally perceived to be more volatile than fixed income investments. They also feel that, from a historical perspective, equities are overpriced and thus are not comfortable taking equity positions at current valuations.On the other hand, global interest rates have been on a decline from the 1970s when inflation was finally under control by central banks. Many risk averse investors are unable to digest the daily ups and downs in the prices of equities.
Since the Global Financial Crisis of 2008, many investors have been feeling left out of the equity markets.Fixed Coupon Notes (FCNs) are quasi-equity and quasi-bond structures which aim to provide higher returns than bonds with lower risks compared to equities. This decline in interest rates means that investors have to live with lower nominal returns. Moreover, they also provide an avenue to enter equities at reasonable