S&P: Bond managers top equity rivals again

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GLOBAL - Global bond markets have outstripped their equity counterparts for the second year running, according to new data from ratings agency Standard & Poor's (S&P).

Median global bond funds registered returns ranging from 0.9% to 4.5% over the 12 months to February 1, 2002, compared with equity performance which slumped 21% in sterling. Commenting on the re...

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