In our first episode of the Ardea IM Quantitative Research Series, Ben Alexander, Co-Chief Investment Officer at Ardea Investment Management joins Dr. Laura Ryan as they share insights into the risk model used in the Ardea IM portfolio construction process.
Record low rates are leading some market participants to question whether all bond markets are experiencing “Japanification”. Will this backdrop spell the end to relative value trading opportunities?
Ultra-low yields fundamentally change the risk vs. reward proposition of government bonds.
Australia extends its yield curve to 2051. The issue received record interest from global investors and highlights the importance of yield curve shape and global relative value dynamics for investors.
Is central bank support for corporate bond markets truly unlimited? Our sense is decidedly not.
The perception and the reality of portfolio diversification can turn out very different in adverse market environments.
We explain the mechanics of inflation protection and how to identify relative value opportunities.
It is widely assumed that government bonds are inherently ‘safe’ investments but this assumption is no longer so reliable.
Liquidity often gets little attention until something goes wrong … and in March 2020 things certainly went wrong.
Government bond markets are now at the precipice of a paradigm shift.
