William Nemerever, CFA, explains how to translate the question “Why own bonds?” into an effective portfolio and how to turn the role of fixed income into an investable benchmark...
William Nemerever, CFA, explains how to translate the question “Why own bonds?” into an effective portfolio and how to turn the role of fixed income into an investable benchmark. Strategies for achieving these goals include hedging liabilities, protecting against inflation or deflation, exposure to foreign bonds, integrating currencies and credit risk, and managing liquidity. He also discusses alpha allocation in the context of a fixed-income portfolio.
Please note that text may be difficult to read in this recording. The presentation slides are available for download in the video player.