In light of the recent fluctuations in the market, portfolio managers and money managers alike are turning to bonds to help offset some of the risk associated with equity-heavy portfolios. While relatively new in the United States, inflation protection bonds have long been issued in several other countries. This contributed book provides the first comprehensive guide to these securities since the first U.S. issuance in 1997, with five sections covering: strategic asset allocation; mechanics, valuation, and risk monitoring; global environment; issuers; investors.
Book Details:
- Author: John Brynjolfsson
- ISBN: 9780470331378
- Year Published: 1999
- Pages: 306
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
In light of the recent fluctuations in the market, portfolio managers and money managers alike are turning to bonds to help offset some of the risk associated with equity-heavy portfolios. While relatively new in the United States, inflation protection bonds have long been issued in several other countries. This contributed book provides the first comprehensive guide to these securities since the first U.S. issuance in 1997, with five sections covering: strategic asset allocation; mechanics, valuation, and risk monitoring; global environment; issuers; investors.
Foreword (William Gross) 1:Musings about Real Asset Allocation 2. Shifting the Efficient Frontier with Inflation-Indexed Bonds (Raymond Dalio and Dan Bernstein) 3. Using Inflation-Indexed Securities for Retirement Savings and Income (Brett Hammond) 4. Recognizing and Achieving Strategic Investment Goals (Barbara Moore) 5. Inflation Hedging in a Low-Inflation World: The Plan Sponsor’s Rationale (Laurence Siegel) 6. Real Asset Allocation (John Brynjolfsson) 7. Asset Allocation with TIPS (John Brynojolfsson and Edward P. Rennie) 8. Quantitative Approaches to Inflation-Indexed Bonds (Welsey Phoa) 9. Valuing and Trading TIPS (Jerry Lucas and Tim Quek) 10. Understanding the CPI (William Kan) 11. Understanding The Inflation-Risk Premium (Brett Hammond, Benson Benson Durham, and Andrew Fairbanks) 12. The U.K. Experience (Mark Deacon) 13. The Canadian Experience (Karim Basta and Martin Klaponski) 14. The Australian Experience (Michael Chadwick) 15. The U.S. Experience (Roger Anderson) 16. The French Experience (Ciaran O’Hagan) 17. Why Soverigns Issue Inflation-Indexed Bonds (William Lloyd) 18. Corporate and Agency Inflation-Linked Securities.(Andrew Rosen, Michael Schnumacher, and John Casaudoumecq) 19. The Individual Investor and Inflation Protection Bonds: Tax Issues and Retirement Planning (Christopher F. Kinney) 20. Inflation Indexed Products for Stable Value Funds (David Leroux and Victor Gallo) 21. Inflation Protection Bonds and Endowment or Foundation Investment Policy (William Schneider) 22. Foundation Applications (Alan Heuberger)
About the Author
Frank J. Fabozzi is a financial consultant, the editor of the Journal of Portfolio Management, and Adjunct Professor of Finance at Yale University’s School of Management. John Brynjolfsson is the Vice President and Fixed Income Portfolio Manager of PIMCO.