ABCD Asset Management is going to pick a new benchmark for their investment-grade fixed income fund. The
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ABCD Asset Management is going to pick a new benchmark for their investment-grade fixed income fund. The investment banking arm of ABCD’s parent company, ABCD Capital, publishes an investment-grade bond index which includes Treasuries, agency debt, and mortgages. Name at least two of the principles of a good index that ABCD Asset Management would violate if they chose ABCD Capital’s investment-grade bond index as their benchmark and give the reasons why those principles might be violated.
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Related Book For
The Theory And Practice Of Investment Management
ISBN: 9780470929902
2nd Edition
Authors: Frank J Fabozzi, Harry M Markowitz
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