In a rising rate environment you will have higher future income from new investments but mark to market losses on existing FI assets
lower returns on growth assets would be due to the base effect of the huge run up in equities in late 2017 and then sideways trading through H1
Some short positioning, page-28
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$16.95 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 167 | $16.94 |
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| Price($) | Vol. | No. |
|---|---|---|
| $16.96 | 11000 | 1 |
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