Tied to the market

Indices

indices2-gif

In July this year, the debt capital markets marked the thirtieth anniversary of the first ever index for the fixed-income universe.

The founders of that first index, Lehman Brothers’ Art Lipson and John Roundtree, argued for a market-weight construction since the rules are easy to communicate, easy to understand and easy to conform to: the more debt you issue, the greater your position in the index. Consultations with the Bond Portfolio Managers’ Association, an industry body of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here