The authors study the historical relationship between environmental, social, and governance
(ESG) ratings and corporate bond spread and performance, finding that corporate bonds …

The paper proposes a new measure of spread exposure for corporate bonds portfolios based
on a detailed analysis of credit spread behavior. We find that changes in spreads are not …

… Arik Ben Dor, Lev Dynkin, Jay Hyman, Patrick Houweling, Erik van Leeuwen, and Olaf
Penninga … LEV DYNKIN …

… LEV DYNKIN is a managing director and head of the Quantitative Strategies Group at …
most—liquid bonds (ie, those composing quintile l). The large drop in empirical hedge ratios when …

Hurricane flooding is a leading natural threat to coastal communities. Recent evidence of
sea level rise coupled with potential future global warming indicate that sea level rise will …

… II se confirme que les mesures de la temperature dans l'oesophage infirieur donne une
indication approximative de la temperature ogrebrale, en absence d'un thorax ouvert ou une …

… La temperature oesophagienne mesuree chez l'adulte anesthesie et intute depend de l'…
Le quart interieur de l'oesophage est l'endroit le plus chaud et le plus stable. Pour atteindre …

… As ofjune 201 H, the eligible universe included 155 hedge funds with a minimum size
threshold of$l 15 million. To reflect real practices. the replicating portfolio is composed of at most …

How much diversification is required in an investment-grade credit portfolio to achieve a
desired level of risk relative to a broad credit benchmark? Two approaches to optimal portfolio …

… We denote by L the operator transforming the estimate according to formula (8). It is clear …
, we shall obtainon the average L"f(a). Note that the operator L transfers convex estimates into …