Active Fixed Income and Credit Management (Finance and Capital Markets Series) by F. Hagenstein
English | 15 Apr. 2002 | ISBN: 0333993683 | 248 Pages | PDF | 4 MB
Good bond portfolio management is not just focused on one question - maturity/duration - and not just based on qualitative analysis. Smart portfolio managers spend most of their time on spread trades and often hedge away market directional risk. Moreover decisions are increasingly quantitatively based.