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DAY TWO |
Thursday,
July 20th
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FIXED INCOME
PORTFOLIO MANAGEMENT II |
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SELECTING A FIXED
INCOME PORTFOLIO STRATEGY
Selecting a Portfolio
Strategy
Active versus Passive
versus Liability Funding Strategies |
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ACTIVE YIELD CURVE
TRADING STRATEGIES
Theories about the
shape of the yield curve
Empirical evidence on
the yield curve
Portfolio Strategies
to capitalise on changing yield curve shapes
Bullets and Barbells
Zero Coupon bonds: a
closer look |
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PASSIVE FIXED
INCOME STRATEGIES
Fixed Income Indices:
an introduction
Advantages and
Disadvantages of Passive Management |
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IMMUNISATION
Rationale for
Immunisation
Immunisation in
Practice |
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LIABILITY DRIVEN
INVESTMENT
What is meant by LDI?
Rationale for LDI
Risks that cannot be
immunized with LDI |
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CREDIT DERIVATIVES
AND STRUCTURED PRODUCTS
CDSs - the mechanics
Characteristics of
CDOs, CLOs and CPDOs
Cash and Synthetic
Structured Products |
GUEST SPEAKER
Robert Gardner
Partner & Co-Principal
REDINGTON PARTNERS LLP
Pensions Risk Management - a practitioner's approach
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CONCLUSION OF FIXED
INCOME PORTFOLIO MANAGEMENT MODULE |
