Now... 16:17 Jan 13, 2010
...that Joe has cleared up the misunderstanding over "fixed assets" vs. "fixed income", I concede that there is a theoretical possibility that the term could refer to "fixed assets and lending", IF the context was investment banking. However, as it's an investment fund prospectus, I remain 99% convinced that we're talking about credit and fixed income investments.
(BTW, googling "fixed income and lending" as a set expression – i.e. in quotes – returns only two pages of unique results.) |