General
New issues update
General
New issues update
In the final article of the series, we round out the rest of the risks we typically consider, being which includes liquidity and foreign exchange (FX), as well as look at how to appropriately size the various positions of each bond within the portfolio.
General
New issues update
In this second article of the series we will delve into the two main risks faced by bond investors – the risk of not being paid back – or credit risk – and the risk of the market price of your bond investment moving due to a change in the interest rate or yield of the bond – called interest rate risk.
We recently covered the basics of bonds in a multi part series. We now move on to a slightly more advanced look in more detail at the way we think about building portfolios here at FIIG, in terms of specific client targets and the way we manage and mitigate the various risks that apply to fixed income portfolios.
FIIG’s Research team provides a summary of the different sectors and how they performed over the period. The overview includes consumer-facing corporates, financial institutions and insurance companies, resources and infrastructure, as well as Real Estate Investment Trusts (REITs).
General
New issues update
General
New issues update
In this article we speak with taxation expert Alan Leung on the proposed changes along with other popular bond related tax questions.
Trade opportunities
We've updated our Sample Portfolios for the month.
In this article we focus on European Bank issuance in USD, with FIIG Research’s Peggy Lin discussing the metrics to consider when evaluating the risks and returns this sector offers.
Trade opportunities
The current portfolio yields an indicative 5.13%* to the assumed maturity dates with an approximate $207k spend.
Bonds can achieve a higher return than their quoted yield by implementing some active trading strategies.
In this final edition for the Bond basics series we will explain the capital structure – one of the key pieces of information about the risk of your bond – and see how it works in practice.