Market players put their jobs on the line with every position they take. Any fixed income investor in the circumstance of being granted one wish would probably want to know what interest rates are going to do in the future. Economists and others have constructed models of interest rate behaviour, but no model works in all circumstances. The main aim of this book is to straddle the different worlds of theoretical models and practical market experience, while offering an interdisciplinary framework for fixed income investing and trading.
Book Details:
- Author: Tamara Mast Henderson
- ISBN: 9780470667941
- Year Published: 2003
- Pages: 222
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
Market players put their jobs on the line with every position they take. Any fixed income investor in the circumstance of being granted one wish would probably want to know what interest rates are going to do in the future. Economists and others have constructed models of interest rate behaviour, but no model works in all circumstances. The main aim of this book is to straddle the different worlds of theoretical models and practical market experience, while offering an interdisciplinary framework for fixed income investing and trading.
· A focussed but very practical approach to fixed-income investment, aimed at practitioner market · Contains investment checklists and interviews with market practitioners · Offers an interdisciplinary framework for fixed-income investing and trading, and combines worlds of theoretical models and practical market experience Reviews: Mark Tapley, lecturer LBS, City, Committee member UKSIP: “The author has a very extensive educational and investment background and should be well placed to achieve the stated objective.” (Mark also made very constructive comments that have been incorporated into the revised proposal that makes up this document.) Lionel Martellini, Professor, University of Southern California: “This project takes a very specific stand on the subject by focusing on active fixed-income strategies only. There is nothing wrong with such a specific emphasis as long as it is clearly stated upfront.”
About the Author
TAMARA MAST HENDERSON is a senior fixed income strategist for a leading provider of independent research and market analysis, responsible for European sovereign debt. Ahead of this, Dr. Henderson was deputy head of the International Monetary Fund’s Investment Unit, responsible for the management of $11 million in trust funds. Henderson has also worked as an economist for the US Department of Commerce, IMF and Salomon Smith Barney. She has a B.A. in Foreign Affairs and Economics from the University of Virginia, and a M.A. and Ph.D. in Economics from Claremont Graduate University.