“Fixed income is expected to yield capital gains from rate cuts over the next 1-1.5 years, potentially offering double-digit pre-tax returns. Parking debt allocations in gilt/debt funds with a modified duration exceeding 7 years could be lucrative, providing both coupon and capital gains. This differs from fixed deposits, where gains are solely from interest income.”
CAS effect: Pre-open session rules to change from today. What changes for investors?
The change is important for traders who usually place orders closer to the end of the pre-open session. Under the new system, they will no