Bonds
Credit Quants Target Bulk Trades to Conquer $8 Trillion Market
- Rise of portfolio trading a ‘really important stepping stone’
- Next tailwind for bulk bond deals may be factor investing
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The growing momentum behind portfolio trading is stirring hopes among quantitative investors it will help them finally conquer an asset class that has resisted their methods for years: corporate bonds.
These systematic players, who invest based on rules derived from academic research, say they’re increasingly looking to the method of trading large numbers of bonds in one fell swoop to deploy their strategies in credit.