Dim Sum Bonds: Do They Whet Your Appetite?

Hung Gay Fung; Chuan-Hao Hsu; Wai Lee; Jot Yau

doi:10.3905/jpm.2015.41.5.127

Dim Sum Bonds: Do They Whet Your Appetite?

Hung Gay Fung, Chuan-Hao Hsu, Wai Lee, Jot Yau

University of Missouri-St. Louis

Research output: Contribution to journal › Article › peer-review

Abstract

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.

Original language	American English
Journal	The Journal of Portfolio Management Special China Issue
Volume	4
DOIs	https://doi.org/10.3905/jpm.2015.41.5.127
State	Published - 2015

Disciplines

Business

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Cite this

@article{3e92cc9a5b834332a78f1d2b4b470eab,

title = "Dim Sum Bonds: Do They Whet Your Appetite?",

abstract = " 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. ",

author = "Fung, {Hung Gay} and Chuan-Hao Hsu and Wai Lee and Jot Yau",

note = "1. Hung-Gay Fung 1. is the Dr. Y.S. Tsiang Professor of Chinese Studies at the College of Business Administration at the University of Missouri-St. Louis in St. Louis, MO. (fungh{at}msx.umsl.edu) 2. Chuan-Hao Hsu 1. is a PhD candidate in business at Feng Chia University in Taichung, Taiwan. (chuanhao.h{at}gmail.com) 3.",

year = "2015",

doi = "10.3905/jpm.2015.41.5.127",

language = "American English",