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Dan Foresworth - High Yield Bonds

Ron G. Wirick; Jon Witmer

商品編號:9A98N020
出版日期:1998/10/05
再版日期:
商品來源:Ivey
商品主題:Finance
商品類型:Case
涵蓋議題:Mutual Funds;Portfolio Management;Investments;Bonds
難易度:5 - MBA/Postgraduate
內容長度:13 頁
地域:Canada
產業:
事件年度:1998

An independent insurance broker is considering investing in high yield bonds to improve his portfolio's performance. He does not think that the returns he has received on his current equity and fixed income investments will continue into the future. He considers using historical data to construct efficient frontiers which suggest that high yield bonds improve the risk/return trade-off. A key issue is to what extent this historical improvement can be extrapolated into the future.

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