6.7 Junk bonds
In this chapter, we will have a closer look at Junk Bonds. What is the story behind a financial product with such an interesting name? And why are they sometimes excluded from the mandate of some asset managers and pension funds?
In this chapter, we will have a closer look at Junk Bonds. What is the story behind a financial product with such an interesting name? And why are they sometimes excluded from the mandate of some asset managers and pension funds?