fixed income portfolio return
| In note 5, page 114 (ii), Kappa asset management claims the stragegy is to immunize again interest rate exposure and from the table it did a very good job of 36 basis point outperformance to the benchmark in the “interest rate management effect” part. Why the answer says the claim in this part is incorrect? |
发表于 2013-5-7 20:47
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