INVESTORS’ ATTENTION ARRESTED BY WARRANTS
Every time interest rates drop a point on their steady downward slide, a band of European retail investors feel a little more smug. They have good reason to be, as they are out-performing even the most successful of professional fund managers. That’s because they are holding debt warrants.
“They have a price performance that knocks your socks off,” exclaimed one. “They really make a nonsense of putting your money into equities or bonds.”
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