Bank capital investors start Q4 on tenterhooks after ‘super’ year
Bank capital securities have enjoyed a tremendous performance in 2019, leaving specialist fund managers a little nervous about protecting their returns as the year draws to a close.
Public data suggest that bank capital funds are averaging net returns of about 10% this year to date, more than double their usual level of performance.The asset class has been buoyed by a number of positive technical factors in 2019, including lower volumes of net new supply, ...
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