Brokers see a future in equities
As rates on cash deposits continue to fall and bond returns remain unpromising, many stockbrokers are attempting to bring investors' cash into equities. Jon Ihle reports.
Stockbrokers are trying to lure investor money back into equities, especially those with high dividend yields, as rates on cash deposits come down from recent highs and returns on highly rated bonds are at record lows.
Brokerage firms are advising their clients to move funds out of cash, where returns have been dwindling in the last year, and into shares, where dividends have been on the rise.
With dividend yields now exceeding 4 per cent...
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