Active Total Return Management of Fixed-Income Portfolios
Relying on logical rather than mathematical explanations, Active Total Return Management of Fixed-Income Portfolios is one of the most incisive, up-to-date guides on the latest tools for managing a fixed-income portfolio. It sets forth a framework by which a portfolio manager or trader can identify value and assess risk. Additionally, the limitations of yield measures, duration, and convexity are clearly illustrated.
