
Systematic Fixed Income: An Investor's Guide
An Investor's Guide
Richardson(Author)
Wiley (Publisher)
1st Edition
Published on 19. July 2022
Book
Hardback
304 pages
978-1-119-90013-9 (ISBN)
Description
Understand the role and potential of fixed income as an asset class
Systematic Fixed Income: An Investor's Guide offers readers a powerful, practical, and robust framework for investors and asset managers to preserve the diversifying properties of a fixed income allocation, and add to that unique sources of excess returns via systematic security selection. In other words, this framework allows for efficient capture of fixed income beta and fixed income alpha.
Celebrated finance professional Dr. Scott Richardson presents concrete strategies for identifying the relevant sources of risk and return in public fixed income markets and explains the tactical and strategic roles played by fixed income in typical portfolios. In the book, readers will explore:
The implementation challenges associated with a systematic fixed income portfolio, including liquidity and risk
The systematic return sources for rate and credit sensitive fixed income assets in both developed and emerging markets
An essential read for asset managers and institutional investors with a professional interest in fixed income markets, Systematic Fixed Income: An Investor's Guide deserves a place in the libraries of advanced degree students of finance, business, and investment, as well as other investment professionals seeking to refine their understanding of the full potential of this foundational asset class.
Systematic Fixed Income: An Investor's Guide offers readers a powerful, practical, and robust framework for investors and asset managers to preserve the diversifying properties of a fixed income allocation, and add to that unique sources of excess returns via systematic security selection. In other words, this framework allows for efficient capture of fixed income beta and fixed income alpha.
Celebrated finance professional Dr. Scott Richardson presents concrete strategies for identifying the relevant sources of risk and return in public fixed income markets and explains the tactical and strategic roles played by fixed income in typical portfolios. In the book, readers will explore:
The implementation challenges associated with a systematic fixed income portfolio, including liquidity and risk
The systematic return sources for rate and credit sensitive fixed income assets in both developed and emerging markets
An essential read for asset managers and institutional investors with a professional interest in fixed income markets, Systematic Fixed Income: An Investor's Guide deserves a place in the libraries of advanced degree students of finance, business, and investment, as well as other investment professionals seeking to refine their understanding of the full potential of this foundational asset class.
More details
Series
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Dimensions
Height: 161 mm
Width: 235 mm
Thickness: 27 mm
Weight
580 gr
ISBN-13
978-1-119-90013-9 (9781119900139)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

E-Book
05/2022
1st Edition
Wiley-Scrivener
€35.99
Available for download

E-Book
05/2022
1st Edition
Wiley-Scrivener
€35.99
Available for download
Person
SCOTT A. RICHARDSON, PhD, is a Senior Advisor at AQR Capital Management. He is a professor at London Business School and has held senior positions at BlackRock (Barclays Global Investors). He is an editor of the Review of Accounting Studies. Dr. Richardson earned his Ph.D. in Business Administration from the University of Michigan.
Content
Chapter 1: Setting the Stage
Chapter 2: Fixed Income - Strategic Asset Allocation
Chapter 3: Fixed Income - Tactial Asset Allocation
Chapter 4: Incumbent Active Fixed Income Managers
Chapter 5: Security Selection - Rate Sensitive Assets
Chapter 6: Security Selection - Credit Sensitive Assets
Chapter 7: Security Selection - Emerging Markets (Hard Currency)
Chapter 8: Portfolio Construction Considerations
Chapter 9: Liquidity and Trading Considerations
Chapter 10: Sustainability
Chapter 11: Putting it All Together
Chapter 2: Fixed Income - Strategic Asset Allocation
Chapter 3: Fixed Income - Tactial Asset Allocation
Chapter 4: Incumbent Active Fixed Income Managers
Chapter 5: Security Selection - Rate Sensitive Assets
Chapter 6: Security Selection - Credit Sensitive Assets
Chapter 7: Security Selection - Emerging Markets (Hard Currency)
Chapter 8: Portfolio Construction Considerations
Chapter 9: Liquidity and Trading Considerations
Chapter 10: Sustainability
Chapter 11: Putting it All Together