Fixed Income Securities

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Markets".

Deadline for manuscript submissions: closed (31 August 2021) | Viewed by 2232

Special Issue Editor


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Guest Editor
Department of Finance, University of North Carolina at Charlotte, Charlotte, NC 28223, USA
Interests: corporate finance; fixed income securities
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue focuses on the broad topic of “Fixed Income Securities” and includes novel research on the impacts of the current pandemic on various aspects related the pricing, volatility, and risk management of fixed income securities.

Theoretical and empirical articles on how the pandemic affects the pricing of fixed income securities, portfolio construction, trading strategies, hedging, global investment trends, and migration across market sectors are welcome.

Contributions focusing on fixed income derivatives, Exchange Traded Funds (ETFs), novel measures of uncertainty or credit risk, and other relevant risks in the fixed income markets are also encouraged.

Dr. Tao-Hsien Dolly King
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Fixed income pricing
  • Trading strategies
  • Hedging
  • Portfolio construction
  • Fixed income derivatives
  • Investment trends

Published Papers (1 paper)

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Research

22 pages, 341 KiB  
Article
Does Fixed Income Buffer against Fraud Shocks?
by Steven James Lee
J. Risk Financial Manag. 2021, 14(10), 479; https://doi.org/10.3390/jrfm14100479 - 11 Oct 2021
Viewed by 1517
Abstract
Counterparty risk in the form of investment fraud damages a retiree’s nest egg. Does fraud negatively impact portfolios that are both stock and bond-heavy equally? This study uses Monte Carlo analysis within the Trinity Study framework to determine the average reduction in portfolio [...] Read more.
Counterparty risk in the form of investment fraud damages a retiree’s nest egg. Does fraud negatively impact portfolios that are both stock and bond-heavy equally? This study uses Monte Carlo analysis within the Trinity Study framework to determine the average reduction in portfolio success of a retiree who experiences fraud. Findings suggest that each incidence of fraud results in a loss of three percentage points in retirement success. However, portfolios containing some bonds (75/25, 50/50, and 25/75) outperform all equity (and all bond) allocations, particularly when fraud is present. On average, each incident of fraud reduces the chance the victim will enjoy a successful retirement by nearly 3%. Various limitations, implications, and future research possibilities are discussed. Full article
(This article belongs to the Special Issue Fixed Income Securities)
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