Fixed Income Credit Research

Correlation Primer1 - Fixed Income Strategy | Expeert Witness
Nomura Fixed Income Research (5) marginal, distributions.5 While the marginal distributions describe the default risk of each individual asset, the copula describes relations among individual default risks through a multivariate distribution. • An assumption about the correlation between the credit risk of each asset and the overall ... Access Full Source

Reliability And Agreement Of Credit Ratings In The Mexican ...
3 1 Introduction Credit ratings play a significant role in the fixed income markets. The main reason is that ratings remain entrenched in the regulatory framework of the U.S., the U.K., the Eurozone, and throughout Asia and Latin ... Read Here

Global Investment Outlook - Financial Planning & Investment ...
Global Investment Outlook 2017. 2 Kate Moore Chief Equity Strategist BlackRock Investment Institute we prefer equities over fixed income and credit over government bonds. We see higher yields our research suggests. ... Access Document

UBS Ultra Short Duration Municipal Fixed Income
Fixed Income 3Q 2018 | UBS Asset Management Managed Accounts proprietary credit research by a dedicated credit team. – Conduct in-depth quantitative analysis of the yield curve in seeking to protect strategies against changes in interest rates. ... Read Document

Mortgage-backed Security - Wikipedia
A mortgage-backed security (MBS) because like mortgages, and unlike bonds, and most other fixed-income securities, full documentation (such as verification of income and assets), strong credit scores, etc. Alt-A mortgages are an ill-defined category, ... Read Article

Credit Research 8 June 2016 . Behavior Modification • Realized bid-offer is metric a some commentators cited have as evidence that corporate bond liquidity has not worsened. ... Retrieve Here

Legg Mason Western Asset Australian Bond Fund ACTIVATE YOUR ...
The Legg Mason Western Asset Australian Bond Fund is managed by Why research matters in fixed income including credit research, investment strategy committee, systems and risk management. Most members of the Australian ... Fetch Doc

Swap Spread Seminar (Sep 2014, 43:07) - YouTube
Yield Spreads, TEDs and Swap Spreads. Featuring Bill Campbell, Director of Fixed Income Products at Trading Technologies and Fred Sturm, Executive Director of Financial Research & Product ... View Video

Gladstone Capital: Lock Up Your 6.08% Yield With Their 2025 Baby Bonds
In this research report we take a look at Gladstone Capital's (GLAD) 2025 baby bond. The BDC has a risky high-yield debt portfolio that has performed well thus far. With a low hurdle rate and ... Read News

Credit Research - 28 November 2018 08:59 CET Bonds Daily
When evaluating the credit risk of the issuer, we look at credit ratios, management and corporate strategy, business risk, industry risk and management risk appetite. Further, we look at dividend and financial policies. ... Read Full Source

The Next Frontier - Ubs.com
Illustrating some of the newer developments within fixed income ESG integration. We will demonstrate the unique methodology adopted by the UBS-AM credit research analysts in applying sustainability considerations to the credit research process. ... Document Viewer

Fundamental Fixed Income - Institutional-Home Page
Fundamental Fixed Income Fundamental | Fixed Income Philosophy TD Asset Management Inc.’s (TDAM) active fundamental fixed income philosophy is built on guiding principles that stress extensive independent credit research, stringent security selection, sound yield and credit curve analysis and disciplined portfolio construction. ... Return Document

Smart Beta Investing In Corporate Bonds: Conceptual And ...
WHITE PAPER | February 2014 1 About the Author SHANE SHEPHERD, PH.D. Senior Vice President, Head of Fixed-Income Research Dr. Shane Shepherd focuses on research into the company’s alternative bond approach. ... View Full Source

Global fixed income: Considerations For U.S. Investors
Credit markets, and widespread growth of debt issuance abroad, primarily by governments.The net result, in terms of the global investable market (global equities and fixed income), has been a near doubling of the relative weight of the non-U.S. bond market from approximately19% in 2000 to approximately ... View Doc

Risk Management For Fixed Income Asset Managers
Across other fixed income securities likewise with an average weighted duration of 4 years. Credit events such as the subprime mortgage crisis exert an impact the relative value of fixed income securities in different sectors. Note, for example, that yield spreads between corporate and Treasury securities widened considerably as ... Access Full Source

Global Fixed Income - CalPERS
Global Fixed Income Sustainable Investment Practice Guidelines our fundamental credit analysis process focuses on identifying those risks, as expressed analyst on the team will conduct research and diligence . page 3 of 4 to understand/assess the risk, identify whether it’s ... Read More

Royal Bank Of Canada (RY) Q4 2018 Earnings Conference Call Transcript
Image source: The Motley Fool. Royal Bank of Canada Q4 2018 Earnings Conference CallNov. 28, 2018 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, ladies and gentlemen ... Read News

Why Fixed-Income Investors Should Consider An Active High Yield Bond ETF
On the recent webcast (available On Demand for CE Credit), , Michael DePalma, CEO and Senior Portfolio Manager at Phase Capital, listed off a number of reasons why fixed-income investors should ... Read News

ESG ENGAGEMENT FOR FIXED INCOME INVESTORS
Laura Nishikawa, Head of Fixed Income ESG Research, MSCI Anna Pot, Senior Sustainability Specialist, APG Asset Management Mitch Reznick, CFA, Co-head of Credit and Head of Credit Research, Hermes Investment Management Adam Shane, Head of Fixed Income Credit Research, Northern Trust Asset Management ... Access Doc

Absolute Return Fixed Income
Fixed Income investors are increasingly searching for portions of their portfolios to provide both a available in research databases has increased to meet single sub-category of the fixed income universe, e.g. credit or developed government bonds. ... Fetch Document

Morningstar Fixed-Income Style BoxTM Methodology
Fixed-Income Style Box Source of Data The data that drives the fixed-income style box is surveyed from fund companies. Morningstar asks fund companies to send the following information on a monthly or quarterly basis for each of their fixed-income or allocation funds. Credit Quality ... Retrieve Doc

INTRODUCTION TO FIXED INCOME SECURITIES - Investing
Fixed Income, as the name suggests, is an investment avenue wherein the investor gets predictable returns at set intervals of time. This investment class is relatively safe with low volatility and forms an ideal ... Retrieve Document

Guggenheim Q1 2018 High Yield And Bank Loan Outlook - youtube.com
Senior Managing Director Tom Hauser and Head of Macroeconomic and Investment Research Brian Smedley provide perspective on the high yield and bank loan marke ... View Video

UBS Short Duration Municipal Fixed Income - M.ubs.com
Proprietary credit research by a dedicated credit team. – Conduct in-depth quantitative analysis of the yield curve in seeking to protect For the Short Duration Municipal Fixed Income strategy, the management fee is 0.20%. For fees ... Access This Document