O'Reilly logo

Visual Guide to Hedge Funds by Richard Wilson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 8 Fixed-Income Strategy

A fixed income hedge fund strategy is one where the investment manager focuses his attention on fixed-income products that range from sovereign bonds to distressed debt. The fundamental aspect of a fixed-income product is that it is a debt security where the issuer must repay the debt as well as a fixed coupon rate to compensate the buyer of the product. The coupon is the fixed-interest rate on the security and thus provides an income component to the holder of a fixed-income product.

Fixed-income assets are typically issued by a corporation or government, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required