
Are you over-investing in the most indebted issuers?

Kevin Corrigan, head of fundamental fixed income at Lombard Odier Investment Managers, explains how conventional market cap indices often leave bond investors exposed to the countries and companies that are borrowing the most.
Why do traditional bond indexes encourage investors to buy more bonds from the companies and countries that have already borrowed the most? Imagine a bank manager lending more to a customer simply...
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Investment Week digital edition - 18 February 2019
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