This paper shows that the characteristics of convertible bond funds (CBFs) differ considerably based on the regional … European and Asian CBFs returns show a higher correlation with bond returns. This is a consequence of the finding that U ….S. convertibles are more equity-like in nature than European and Asian convertibles, which are constructed more like a bond. Moreover …

This paper investigates the performance of socially screened bond portfolios of 189 Eurozone companies between 2003 and … 2016. Bond portfolios are formed on the basis of an aggregate measure of corporate social responsibility (CSR) as well as … bond portfolio performance over time. The results indicate that in an earlier stage portfolios of high-rated bonds …

correlations between sukuk and conventional bond and stock markets. Asymmetric volatility spillover effects are observed from …

track their benchmarks, but that Investment Grade corporate bond ETFs underperform their benchmarks and High Yield corporate … bond ETFs even severely underperform their benchmarks. We provide evidence that the transaction costs of the underlying …

We discuss the potential benefits of international diversification for high grade sovereign bond portfolios. First, we … apply a CAPM-based model to the G-7 sovereign bonds and find that on average 75% to 80% of the bond returns are determined … by global factors, whereas about 20-25% remains determined by local factors. Thus, while the sovereign bond market is …