Factor and Style in Fixed Income Investing
One of the most popular subjects in the equity asset management world is the combination of style and factors in the manager’s toolkit. Now is the time to focus on the application of style and factor analysis to fixed income (FI) investing. While the exact definitions of style and factor are a bit vague for equities, it appears that we need a completely different set for FI. This paper identifies four factors that are appropriate for FI investing and outlines how those factors can be applied in an objective way.
- Fixed Income