In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
Reaching for yield, which we define as buying bonds with wider spreads after controlling for sector and rating impacts, is a topic that frequently arises in the life insurance industry.
What investors should consider
The key political, macro and credit risks that insurers may want to address in 2019.
What are the implications of quantitative tightening for the global bond market?
Measuring book yield correctly
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
Approaches to fixed income investing - flexible versus conventional?