Investment managers are trying to coax risk-averse clients out of cash and into diversified bond holdings as deposit rates continue to fall at Irish banks.
Advisers and money managers are building portfolios of fixed-income investments for cash-rich investors who are more focused on wealth preservation than high yields, but who can't achieve real returns when the terms on their high-rate deposits end.
According to Jonathan Sheahan, investment manager with Smith & Williamson, many clients who...
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