Pub Date : 2018-09-01DOI: 10.1142/s0219030318000605
Xiaoqing Eleanor Xu
DaviD rowe Reprints Manager and Advertising Director As the world deals with a pandemic and unprecedented monetary and fiscal stimulus, investors are concerned with expected inf lation and the term structure of Treasury yields. We begin this issue of The Journal of Fixed Income with an article by Riccardo Rebonato and Riccardo Ronzani that provides a model for estimating yield expectations and risk premia with information from Fed Monetary Committee communications. Their evidence suggest more plausible and reliable estimates than current methods. Given the rapid growth in student loans and the significant rise in their delinquency rates, there is good reason to examine student loan asset-backed securities. In the next article, Xiaoqing Eleanor Xu and Miki Ortiz-Eggenberg find that these securitized pools have strong credit enhancements, relatively small market size, low correlation with other asset classes, and stricter rating criteria than subprime mortgage-backed securities had prior to the 2008–2009 financial crisis. Investing in emerging market debt might seem murky. In the next article, Jordan Brooks, Scott Richardson, and Zhikai Xu analyze the risk and return characteristics of emerging sovereign and corporate bonds. They document compensation from carry, defensive, momentum, and valuation exposures, as well as a diversification benefit to investing in emerging market debt. Next, Andrew Chin and Wenxuan Tang evaluate active fixed-income manager performance attribution among strategic factors, tactical factors, and security selection. Overweighting the credit sector is most responsible for positive performance, whereas tactical factor tilts have had a negative contribution. Security selection does not generally cover fees. Obtaining Treasury rates via interpolation of the yield curve are essential inputs to financial models. In the next article, Oldrich Vasicek discusses the trade-offs among different approaches to the process and provides a new methodology with explicit equations for the calculation of maximum stability interpolation. Finally, Standley Baron and Issouf Soumaré propose a model to fit the term structure of credit default swap spreads. Their empirical results highlight the importance of the business cycle. The higher level of capital-at-risk is primarily related to the high volatility. We hope you enjoy this issue of The Journal of Fixed Income. Your continued support of JFI is greatly appreciated.
{"title":"EDITOR’S LETTER","authors":"Xiaoqing Eleanor Xu","doi":"10.1142/s0219030318000605","DOIUrl":"https://doi.org/10.1142/s0219030318000605","url":null,"abstract":"DaviD rowe Reprints Manager and Advertising Director As the world deals with a pandemic and unprecedented monetary and fiscal stimulus, investors are concerned with expected inf lation and the term structure of Treasury yields. We begin this issue of The Journal of Fixed Income with an article by Riccardo Rebonato and Riccardo Ronzani that provides a model for estimating yield expectations and risk premia with information from Fed Monetary Committee communications. Their evidence suggest more plausible and reliable estimates than current methods. Given the rapid growth in student loans and the significant rise in their delinquency rates, there is good reason to examine student loan asset-backed securities. In the next article, Xiaoqing Eleanor Xu and Miki Ortiz-Eggenberg find that these securitized pools have strong credit enhancements, relatively small market size, low correlation with other asset classes, and stricter rating criteria than subprime mortgage-backed securities had prior to the 2008–2009 financial crisis. Investing in emerging market debt might seem murky. In the next article, Jordan Brooks, Scott Richardson, and Zhikai Xu analyze the risk and return characteristics of emerging sovereign and corporate bonds. They document compensation from carry, defensive, momentum, and valuation exposures, as well as a diversification benefit to investing in emerging market debt. Next, Andrew Chin and Wenxuan Tang evaluate active fixed-income manager performance attribution among strategic factors, tactical factors, and security selection. Overweighting the credit sector is most responsible for positive performance, whereas tactical factor tilts have had a negative contribution. Security selection does not generally cover fees. Obtaining Treasury rates via interpolation of the yield curve are essential inputs to financial models. In the next article, Oldrich Vasicek discusses the trade-offs among different approaches to the process and provides a new methodology with explicit equations for the calculation of maximum stability interpolation. Finally, Standley Baron and Issouf Soumaré propose a model to fit the term structure of credit default swap spreads. Their empirical results highlight the importance of the business cycle. The higher level of capital-at-risk is primarily related to the high volatility. We hope you enjoy this issue of The Journal of Fixed Income. Your continued support of JFI is greatly appreciated.","PeriodicalId":89742,"journal":{"name":"Asia-Pacific biotech news","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/s0219030318000605","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45596721","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-01DOI: 10.1142/s0219030318000496
M. Fitch
POREX, a key player in water technology. Effective conductivity analysis in the CIP process for pharmaceutical manufacturing.
POREX,水技术的关键参与者。药品生产CIP过程中的有效电导率分析。
{"title":"FEATURES","authors":"M. Fitch","doi":"10.1142/s0219030318000496","DOIUrl":"https://doi.org/10.1142/s0219030318000496","url":null,"abstract":"POREX, a key player in water technology. Effective conductivity analysis in the CIP process for pharmaceutical manufacturing.","PeriodicalId":89742,"journal":{"name":"Asia-Pacific biotech news","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42801200","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-06-01DOI: 10.1142/s0219030318000733
The following topics are under this section: ASIA-PACIFIC — Discovery of Protease Inhibitors hold Promise against COVID-19 ASIA-PACIFIC — Nano-sensors for Real-Time Plant Health Monitoring ASIA-PACIFIC — Study Finds Underweight Patients with Diabetes have Increased Risk of Tuberculosis ASIA-PACIFIC — Guide Developed for Remote Consultation for Suspected COVID-19 Patients ASIA-PACIFIC — Scientific Challenges of Kimchi Fermentation ASIA-PACIFIC — Increasing Charge Capacity of Lithium Batteries ASIA-PACIFIC — Newly-discovered Small Mitochondrial Protein Essential for Energy Production ASIA-PACIFIC — Overcoming Chemotherapy Resistance in Ovarian Cancer REST OF THE WORLD — Safety of Antibiotics for C-Section Mothers REST OF THE WORLD — Early Screening of Colorectal Cancer based on Family History REST OF THE WORLD — Maternal Hypertensive Disorders may cause Mental Health Disorders in Children REST OF THE WORLD — Biofilm Formation and Hyper-infectivity of Cholera
{"title":"Bioboard","authors":"","doi":"10.1142/s0219030318000733","DOIUrl":"https://doi.org/10.1142/s0219030318000733","url":null,"abstract":"The following topics are under this section: ASIA-PACIFIC — Discovery of Protease Inhibitors hold Promise against COVID-19 ASIA-PACIFIC — Nano-sensors for Real-Time Plant Health Monitoring ASIA-PACIFIC — Study Finds Underweight Patients with Diabetes have Increased Risk of Tuberculosis ASIA-PACIFIC — Guide Developed for Remote Consultation for Suspected COVID-19 Patients ASIA-PACIFIC — Scientific Challenges of Kimchi Fermentation ASIA-PACIFIC — Increasing Charge Capacity of Lithium Batteries ASIA-PACIFIC — Newly-discovered Small Mitochondrial Protein Essential for Energy Production ASIA-PACIFIC — Overcoming Chemotherapy Resistance in Ovarian Cancer REST OF THE WORLD — Safety of Antibiotics for C-Section Mothers REST OF THE WORLD — Early Screening of Colorectal Cancer based on Family History REST OF THE WORLD — Maternal Hypertensive Disorders may cause Mental Health Disorders in Children REST OF THE WORLD — Biofilm Formation and Hyper-infectivity of Cholera","PeriodicalId":89742,"journal":{"name":"Asia-Pacific biotech news","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49502803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-09-09DOI: 10.1142/S0219030315000580
Yuhui Lin
{"title":"COLUMNS – Small, but Powerful. Who are the Rivals?","authors":"Yuhui Lin","doi":"10.1142/S0219030315000580","DOIUrl":"https://doi.org/10.1142/S0219030315000580","url":null,"abstract":"","PeriodicalId":89742,"journal":{"name":"Asia-Pacific biotech news","volume":"19 1","pages":"32-33"},"PeriodicalIF":0.0,"publicationDate":"2015-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0219030315000580","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64341345","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-09-09DOI: 10.1142/S0219030315000543
Marvin Ng
{"title":"EDITOR'S LETTER: The ASEAN Economic Community – Challenges and Opportunities for Healthcare Companies","authors":"Marvin Ng","doi":"10.1142/S0219030315000543","DOIUrl":"https://doi.org/10.1142/S0219030315000543","url":null,"abstract":"","PeriodicalId":89742,"journal":{"name":"Asia-Pacific biotech news","volume":"19 1","pages":"3-3"},"PeriodicalIF":0.0,"publicationDate":"2015-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0219030315000543","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"64341331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}