Dim Sum Bonds: Do They Whet Your Appetite?
In this article, the authors use the Sharpe ratio and stochastic dominance to evaluate and compare the performance of dim sum bond index returns with equity and fixed-income benchmarks in Asia, Europe, and the U.S. The results indicate that dim sum bonds outperform almost all of the benchmarks studi...
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Published in | Journal of portfolio management Vol. 41; no. 5; pp. 127 - 135 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
London
Pageant Media
01.01.2015
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Subjects | |
Online Access | Get full text |
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Summary: | In this article, the authors use the Sharpe ratio and stochastic dominance to evaluate and compare the performance of dim sum bond index returns with equity and fixed-income benchmarks in Asia, Europe, and the U.S. The results indicate that dim sum bonds outperform almost all of the benchmarks studied, suggesting dim sum bonds to be a potential candidate for global portfolios. |
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ISSN: | 0095-4918 2168-8656 |
DOI: | 10.3905/jpm.2015.41.5.127 |