Research and publications
Reactions to "A Review of Corporate Bond Indices: Construction Principles, Return Heterogeneity, and Fluctuations in Risk Exposures"
The results of a call for reaction conducted to help gather evidence on investor perceptions of the issues related to corporate bond indexing, further to the EDHEC-Risk Institute study published in 2011 that found highly unstable risk exposure, and notably highly unstable duration, across eight indices through time, in the eurozone and the US, and with heightened instability in two so-called “investable” indices.
Author(s):
Felix Goltz, Véronique Le Sourd, Masayoshi Mukai, Fahd Rachidy
Summary:
The results of a call for reaction conducted to help gather evidence on investor perceptions of the issues related to corporate bond indexing, further to the EDHEC-Risk Institute study published in 2011 that found highly unstable risk exposure, and notably highly unstable duration, across eight indices through time, in the eurozone and the US, and with heightened instability in two so-called “investable” indices.
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Register/Log in| Type : | EDHEC Publication |
|---|---|
| Date : | 26/02/2013 |
| Keywords : |
Indexes & Benchmarking |
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Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
