Fixed Income – Page 54
-
Special Report
GDP-linked sovereign bonds: Would investors buy them?
Some emerging markets have experimented with GDP-linked sovereign borrowing, and the Greek finance minister is the latest to discuss the idea. We ask whether investors would buy it
-
Special Report
Convertibles and Solvency II: Commentary
Nicolas Delrue argues that mixing convertible bonds with equities preserves equity upside exposure with lower downside risk
-
Special Report
Convertibles and Solvency II: Preaching to the unconverted
Joseph Mariathasan asks whether convertible bonds might offer Solvency II-regulated investors some equity upside with a limited capital charge
-
Special ReportHybrid Securities: Financial duck-rabbits
Recently someone from the Outer Hebrides posted online a photo of a dress, the colour of which had apparently caused endless debate among family and friends
-
Asset Class Reports
High Yield: US issuers, euro spreads
A substantial spread differential is attracting US investment-grade issuers across the ocean to issue bonds in euros
-
Special Report
Non-financial hybrid securities: Fixed-income exotica
Hybrids have taken off because they marry the current needs of both issuers and fixed-income investors. David Turner looks at how this sweet deal could go sour
-
Special Report
Hybrid securities revolution is here to stay
In just three years corporate and financial hybrid securities have become a major new feature of the fixed-income landscape
-
Asset Class ReportsOil price impact on high-yield
The oil price fallout in high-yield has so far been contained within sub-sectors of US energy and migh have opened up energy sector value opportunities
-
NewsBank of England to run rule over asset managers' liquidity strategies
UK central bank to work with regulator to analyse asset managers’ approach to managing liquidity in stressed markets
-
News
Bonds, alternatives drive 12% return at DAX-listed company schemes
Liabilities on rise together with assets, consultancies warn
-
News
Vontobel makes inroads into UK with TwentyFour AM stake
Swiss bank’s asset manager increases UK presence with cash purchase of fixed income manager
-
NewsIPE Views: Can pension funds benefit from a secondary annuities market?
Taha Lokhandwala considers whether the UK government’s latest move to create free choice in DC markets stacks up for pension schemes
-
News
Norwegian oil fund sees double-digit property returns as oil revenue slumps
Sovereign fund continues to diversify away from Europe as it invests in Ghana, Mauritius
-
News
Santander pension fund closes in on £10bn after 18% return
UK scheme for banking group makes raft of property purchases, implements new hedge fund strategy
-
News
Austria's fair-finance fund moves to decrease bond sensitivity
Country’s youngest Vorsorgekasse makes first forays into real estate, micro credit
-
News
ERAFP selects three managers for €2.5bn of credit mandates
French civil service scheme appoints managers to implement ‘buy-and-hold’ strategy
-
Features
Asset Allocation: Fixed income, Rates, Currencies - The big picture
Getting the big picture right always helps and sometimes it makes subsequent investment decision-making blindingly obvious. But so often there seem to be diametrically opposed eventualities, with ambiguity everywhere. The dramatic fall in the oil price, for example, is creating plenty of puzzlement.
-
Special ReportSmart beta: Smart enough for bonds?
Is smart beta more difficult to implement in fixed income?
-
Special ReportSmart beta and fixed income: Here for the duration
Smart beta would appear to make a lot of sense in fixed income, but market peculiarities can add complexity to many of the resulting products
-
News
Ilmarinen boosts Chinese exposure, returns nearly 7%
Largest Finnish pensions mutual turns cashflow negative as baby-boomers retire