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Pooled bonds not a bad ideaThis is a discussion on Pooled bonds not a bad idea within the 2009 Q4 News Headlines forums, part of the 2009 News category; On the subject of diversified bond portfolios, it is worth mentioning that recent academic research has shown that the highly skewed return profile of corporate credit risk requires a portfolio ... |
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![]() | On the subject of diversified bond portfolios, it is worth mentioning that recent academic research has shown that the highly skewed return profile of corporate credit risk requires a portfolio of around 500 bonds to remove non-systemic or idiosyncratic risk. This is virtually impossible to achieve, even for institutional investors. More...
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