Investing in Corporate Bonds and Credit Risk

by F. Hagenstein, A. Mertz, J. Seifert

Overview

Investing in Corporate Bonds and Credit Risk is a valuable tool for any corporate bond investor. All the most recent developments and strategies in investment in corporate bonds are analyzed included with qualitative and quantitative approaches. A complete and up-to-date investment process is developed through the book, using many examples taken from banking practice. The growing significance of derivative instruments and credit diversification to bond investors is also analyzed in detail.

Product Details

ISBN-13:	9781403934697
Publisher:	Palgrave Macmillan UK
Publication date:	10/01/2004
Series:	Finance and Capital Markets Series
Edition description:	2004
Pages:	333
Product dimensions:	6.10(w) x 9.25(h) x 0.04(d)

About the Author

FRANK HAGENSTEIN is Head of Corporate Bonds at Union Investment Privatfonds GmbH in Frankfurt and co-author with Tim Bangemann of Active Fixed Income and Credit Management, Palgrave Macmillan 2002.

ALEXANDER MERTZ is Portfolio Manager at Union Investment Privatfonds.

JAN SEIFERT is Portfolio Manager at Union Investment Privatfonds.

Table of Contents

Introduction Investment Process Strategic Asset Allocation Tactical Asset Allocation Credit Research High Yield Investing Credit Derivatives Credit Indices The Role of Ratings Portfolio Construction Total and Absolute Return Strategies with Credits Risk Management