Asset classification in investment banking
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An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. Historically, the three main asset classes have been equities (stocks), fixed income (bonds) and cash equivalent or money market instruments.
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What is an Asset Class? An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. Historically, the three main asset classes have been equities (stocks), fixed income (bonds) and cash equivalent or money market instruments.
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