More than 91% of P&I Online readers prefer high-quality dividend-paying equities over AAA-rated government debt.
The question was asked in conjunction with a Pensions & Investments story published April 15 about Keith Ambachtsheer recently suggesting fixed income should look good only to the most risk-averse funds.
Mr. Ambachtsheer, president of KPA Advisory Services, a Toronto-based pension management consulting firm, and director of the Rotman International Centre for Pension Management, University of Toronto, was not alone in his opinion. Pension executives seeking to match their plans' assets to their liabilities might be better off investing in dividend-paying stocks instead of fixed-income securities because interest rates are expected to rise in the near to intermediate term, some consultants and strategists say.
