Blog posts by Andy Sparks
Mar. 02, 2017
Convertible bonds have “bonds” in their name but in reality they are complicated corporate securities with risk characteristics that often have little to do with straight bonds. Are they more like stocks or bonds? And how can investors evaluate and model them?
With average purchases of €7.8 billion ($8.7 billion) per month, the European Central Bank’s corporate bond buying program (CSPP) has become a major driver in the market. But will the program deliver on a core goal of funneling new lending to the private sector? If not, ECB support for the program could weaken and the program could be scaled back or terminated.
Understanding the performance of credit portfolios is essential in explaining a strategy’s merits to clients and prospects.
May. 27, 2015
Asset managers look at both risk and return in their portfolios. However, it is not always so easy to report and analyze risk and performance attribution on the same platform and along the same dimensions. This type of integrated ex‐ante and ex-post analysis can be carried out in BarraOne, MSCI’s multi‐asset class, multi‐currency, risk and performance analysis platform.