Alternative Methods of Obtaining Passive Bond Market Exposure
The nature of the fixed-income markets generally makes full replication impractical. Enhanced indexing provides one acceptable alternative. Stratified sampling (cell matching) can …
The nature of the fixed-income markets generally makes full replication impractical. Enhanced indexing provides one acceptable alternative. Stratified sampling (cell matching) can …
Swaps are off market instruments created by dealers which allow purchasers to increase or decrease their exposure to commodity risk. …