RT Journal Article
SR Electronic
T1 A Review of Fixed-Income Indexing and Index Investing
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 85
OP 103
DO 10.3905/jwm.2017.19.4.085
VO 19
IS 4
A1 Hongfei Tang
A1 Xiaoqing Eleanor Xu
YR 2017
UL https://pm-research.com/content/19/4/85.abstract
AB This article reviews recent issues, developments, and advances in fixed-income (FI) indexing and index investing. In particular, the authors provide an introduction to major U.S. and global families of FI indices, review key return and risk characteristics of broad-market FI indices along with their stock index counterparts, discuss various index weighting methods, and characterize the emergence of FI exchange-traded products as an important channel to execute FI index investing strategies.TOPICS: Fixed income and structured finance, exchange-traded funds and applications, global, performance measurement