Tag: bonds

bonds

Overbond Launches AI Pricing

Fixed income analytics firm Overbond has launched COBI-Pricing Live, a new real-time AI bond pricing product, which the firm says has the capacity to process “real-time historical pricing data” on coverage of over 30,000 securities with a refresh rate of under three seconds. Overbond says the new product fills a gap in the current market […]

Investors Optimistic on Rebound: BofA Survey

Global investors polled in July were optimistic about a rebound in economic activity, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. In July, a net 72% of fund managers looked for global growth to strengthen in the coming year, up from a net 61% with that view in June […]

European Commission Opens “In Depth” Review of LSE/Refinitiv Deal

The European Commission (EC) has opened an in-depth investigation to assess the proposed $27 billion acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under European Union Merger Regulation. The Commission says it is concerned that the proposed acquisition may reduce competition in trading and clearing of various financial instruments and in financial data […]

RMB Securities Added to Bloomberg Indices

Chinese RMB-denominated government and policy bank securities are set to be added to the Bloomberg Barclays Global Aggregate Index.The inclusion in the index will start in April 2019 and be phased in over a 20 month period.When fully accounted for in the Global Aggregate Index, local currency Chinese bonds will be the fourth largest currency component following the USD, EUR and JPY. Using data as of January 24, 2019 the index would include 363 Chinese securities and represent 6.03% of a $54.07 trillion index upon completion of the phase-in

Why CTAs Needn’t Fear Rising Interest Rates

Campbell & Company argues in its paper, Prospects for CTAs in a Rising Interest Rate Environment: A Refresh, that CTA performance is less dependent upon the interest rate climate than some may think.

The paper builds on the data presented by Campbell in a 2013 paper, which showed that traditional assets, such as US equities and Treasuries, have historically underperformed when interest rates are rising. In addition, it showed that CTA performance has exhibited a different pattern from these assets and has in fact not been regime-rate dependent.

Hedge Funds Outperform Stocks, Bonds – AIMA

Hedge funds have produced more consistent and steadier returns than equities or bonds over both the short term and the long term, according to new research by Preqin, the data provider, and the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers.
The organisations found that hedge funds have out-performed equities and bonds on a risk-adjusted basis over one, three, five and 10-year periods. Risk-adjusted returns, represented by the Sharpe ratio, reflect the volatility of the returns as well as the returns themselves.