However, assets were cautiously managed and particularly invested in high-quality fixed-income assets.

It also tripled a tax on foreign investments into fixed-income last year.

Over the same period, investors put cash to work in fixed-income funds.

On the fixed-income side, government bond yields tumbled to new all-time lows.

Fund managers broadly experienced rising demand for fixed-income funds during the quarter.

This makes buying fixed-income securities problematic, and purchasing banking company stocks impossible.

Gazprombank held a two-day roadshow with fixed-income investors in Seoul last week.

He often encourages such clients to move to conservative, fixed-income, exchanged-traded funds.

He is now leading Morgan Stanley's restructuring of its fixed-income trading business.

Older workers should direct most of their contributions into the fixed-income elements.

Proprietary trading in foreign exchange and fixed-income will be concentrated in Stockholm.

German government bonds, the benchmark of European fixed-income markets, were also mostly flat.

Investors also put money to work at into higher-quality fixed-income funds.

That increased activity boosted first-quarter revenue in JPMorgan's markets-related businesses, particularly fixed-income trading.

EPFR said the fixed-income sector favored short-term, floating-rate, and inflation-protected issues.

Nevertheless, investors and analysts see Fink as the antidote to Merrill's fixed-income problems.