RT Journal Article
SR Electronic
T1 Dim Sum Bonds: <em>Do They Whet Your Appetite?</em>
JF The Journal of Portfolio Management
FD Institutional Investor Journals
SP 127
OP 135
DO 10.3905/jpm.2015.41.5.127
VO 41
IS 5
A1 Hung-Gay Fung
A1 Chuan-Hao Hsu
A1 Wai Lee
A1 Jot Yau
YR 2015
UL https://pm-research.com/content/41/5/127.abstract
AB In this article, the authors use the Sharpe ratio and stochastic dominance to evaluate and compare the performance of dim sum bond index returns with equity and fixed-income benchmarks in Asia, Europe, and the U.S. The results indicate that dim sum bonds outperform almost all of the benchmarks studied, suggesting dim sum bonds to be a potential candidate for global portfolios.TOPICS: Global, portfolio construction