Sustainable Fixed Income Portfolio Management (en Inglés) - Christoph A. G. Klein

A comprehensive and thoughtful discussion of credit risk analysis

In Sustainable Fixed Income Portfolio Management, author Christoph Klein delivers expert coverage of credit research and credit portfolio management guided by sustainability objectives.

The book demonstrates how to reduce information asymmetry and provides hands-on case studies that consider the effects of ESG KPIs on credit risk, such as the Volkswagen emissions scandal. It also discusses the management of potential impact of major and special events on bond prices of affected issuers.

The author explains how to build a complete quantitative Credit Rating Model incorporating ESG key performance indicators (KPIs) for individual issuers. You'll also find: Strategies for analysing and selecting industrial sectors, corporates, and appropriate financial ratios, and how to locate relevant literature, data, and material when considering ESG qualities and risks. Examinations of theoretical credit considerations, like credit asset allocation, investment correlation, and issuer and instrument diversification Discussions of the regulatory constraints and requirements currently in effect in the European Union for sustainable funds, and possible future developments

An insightful and comprehensive discussion of a timely subject in credit risk analysis, Sustainable Fixed Income Portfolio Management will earn a prominent place in the libraries of portfolio managers, risk professionals, and fixed income securities traders everywhere.