Fixed Income Investing: A Classic in a Time of Increased Uncertainty

Fixed income investments have been a topic of interest for institutional investors, but the latest crisis has revealed their weaknesses. This book covers all aspects of fixed income investments, from the basics to portfolio management and contemporary issues. It is of interest to students, academics, researchers, and practitioners in fixed income and investing strategies.

Format: Paperback / softback
Length: 730 pages
Publication date: 30 March 2023
Publisher: Springer Nature Switzerland AG

Fixed income investments have garnered significant attention, particularly among institutional investors like insurance companies and pension schemes. These investments were once seen as safe havens during turbulent times, attracting both institutional and individual investors. They are utilized for strategies such as portfolio immunization and asset liability matching (ALM). However, the recent crisis has brought to light the vulnerabilities of fixed income instruments. While they were once considered reliable, credit and interest rate risks have emerged as significant concerns. As a result, fixed income investments have once again gained prominence in the financial landscape.

This comprehensive book delves into all aspects of fixed income investments, beginning with the fundamentals, including the different types of bonds, their valuation, and the interest rate term structure. It then moves on to fixed income portfolio management, covering topics such as interest rate and credit derivatives, their relevant markets, funds, risks, and risk management. Additionally, the book addresses contemporary issues related to fixed income investments, such as their behavior during crises, their relationship with debt, their coexistence with equity, and the current regulatory environment.

By providing a comprehensive overview of the broader environment of fixed income alongside the current market structure, this book appeals to students, academics, researchers, and practitioners in the fields of fixed income and investing strategies. It offers valuable insights and practical knowledge for those seeking to navigate the complexities of this investment class.

Weight: 977g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030879242
Edition number: 1st ed. 2022