Bonds, Bondholders Protection and Asset Allocation of Multimarket Funds

This paper aims to create a bondholders’ protection index (BPI) and to investigate what the influence of this index would be on multimarket funds’ allocation in corporate bonds. Understanding this relation is relevant because only about 1.36% of multimarket funds’ portfolios correspond to debentures...

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Bibliographic Details
Main Authors: Thayse Machado Guimarães, Rodrigo Fernandes Malaquias
Format: Article
Language:English
Published: FUCAPE Business School 2020-01-01
Series:BBR: Brazilian Business Review
Subjects:
Online Access:http://www.redalyc.org/articulo.oa?id=123063098001