Active Fixed Income and Credit Management
Publisher: Palgrave Macmillan
Published: September 6, 2002
Language: eng
Format: Hardcover
Number of pages: 256
ISBN-13: 9780333993682
Subjects: Investment & securities; Business & Economics; Consumer Finance; Business/Economics; Finance; Investments & Securities - General; Personal Finance - General; Business & Economics / Economics / General; Economics - General; Bonds; Investment analysis; Portfolio management
First sentence: Portfolio management is a structured investment process which comprises the following sections: strategic asset allocation (fundamental, long-term perspective)
Description: "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.".

"Active Fixed Income and Credit Management covers key trades and tools for their analysis. The book also recognizes the growing significance of derivative contracts and credit diversification to bond investors."--BOOK JACKET.