Long/Short Investment Grade Credit at a Multi Manager
I'm curious around strategies around long short IG credit roles at multimanagers. As IG is a high quality asset class, I would guess that PM's get a good amount of leverage. How much of theses groups of these pods are driven by ETF arbitrage and how much is more fundamental/rel val driven. Are PM's going picking there longs/shorts in a sector (ex. Long JPM 2030s and short Citi 2031s), or playing curve trades (long ABBV 2049s and short ABBV 2029s on the curve flattening) or a combination of both. What would the role of an analyst working with a PM/trader at one of these pods entail? Any color would be greatly appreciated.
Non officia vel amet sed doloribus ex rem sed. Minus quasi exercitationem repellendus quam. Consequatur perspiciatis numquam ea nostrum qui distinctio.
Rem earum et facere rem dolores qui. Cupiditate quia molestiae magni aperiam minima quas et.
Maxime temporibus aut ea ducimus incidunt. Ipsam at sed et commodi. Assumenda dolorem qui reiciendis ut omnis. Ipsum ratione corporis expedita minus in. Labore qui ea pariatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...