IN ADDITION TO SERVING THE BEST INTERESTS of clients, CPAs introducing such customized fixed-income
portfolios also add value to their firm by broadening the relationship with the client, boosting overall revenue, contributing to stabilizing the firm's revenue profile and increasing the firm's ability to compete.
Securities Operations Conference has always provided a unique opportunity for those fulfilling this role to get together and share best practices.
The company provides fixed-income
market data for the liquid fixed-income
securities traded on its network.
securities are prominent on both the asset and liability sides of the balance sheet.
8 billion in equity and $1 billion in fixed-income
5 billion is in three fixed-income
portfolios, whose investors include New York City Public Employees Retirement System, Comsat and IBM.
Despite its relative advantages both in measuring price volatility and in providing assistance for reducing the interest rate risk of a fixed-income
portfolio, duration receives little coverage.