The fragmentation of fixed income markets leads to opportunities for total-return, multi-sector fixed income investors. PGIM Fixed Income describes some of these relative value opportunities as…
Collateralized loan obligations are robust, opportunity-rich debt instruments that offer the potential for above-average returns versus other fixed income strategies. Here, we explore how these…
In this paper, the authors explore the nature of factors, the types of factors that are important for risk management, and how these analytical tools may provide a more informed approach to…
