Not surprisingly, there is no shortageof bond fund managers out there touting that they have the product solution to help investors protect themselves from, or even take advantage of, rising interest rates.
The fund expressed concerns about the continued shortageof bank lending, which it said was likely to remain subdued as banks built up their capital bases.
Three-quarters of U.S. start-ups expect to raise capital next year, according to a new survey, but many of them will find doors closing on the fund-raising trail as venture investors experience their own capital shortage.