Investors saw fairer value in fixed income markets during the fourth quarter of 2018, according to the CFA's latest Valuation index, as increased volatility drove a more risk-off approach.
Fewer investors see corporate and government bonds as overvalued, falling from 67% in the third quarter of 2018 to 61%, as perceptions of the severity of overvaluation also declined across both asset classes....
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Caught in crossfire following Equity Income fund suspension
Liquidated in 2012
OCF of 0.10%