| Topic Name: |
Equity vs. Fixed-Income |
| Message Name: |
fixed income vs. equities |
| Date Posted: |
06/02/1999 |
| In Reply To: |
This is the type of question we get from an aspiring PM? |
| Message: |
the difference between fixed income and equities are: fixed income has a maturity date and equities don't. As a result a fixed income PM has to deal with a WAM (weighted average maturity) as determined by the type of fund he or she is managing. ie; short term money markets, corp bnds,etc
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