Managing a Corporate Bond
Portfolio
Leland E. Crabbe
Frank J. Fabozzi
Copyright: 2001
Praise for Managing a
Corporate Bond Portfolio
Crabbe and Fabozzi's
Managing a Corporate Bond Portfolio is a refreshingly good book on the neglected topic in
fixed income portfolio management. If you want to understand the latest thinking in
corporate bonds, what drives prices and why, read this book. You will emerge with
knowledge that will help you get an edge in the competitive investing arena.
Tim Opler Director, Financial
Strategy Group, CSFB
A practitioner's guide . .
. a creative, comprehensive, and practical book that addresses the myriad of challenges
facing managers of corporate bond portfolios. The chapter on liquidity, trading, and
trading costs is a must read.
Mary Rooney Head of Credit
Strategy, Merrill Lynch
As a Senior Portfolio Manager
responsible for managing billions of dollars invested in fixed income product during the
mid-1990s, Lee Crabbe was the one Wall Street strategist that I would read every week to
help me figure out where value was in the corporate bond market, and for insightful and
easy-to-understand special reports that educated me and most investors on the risks and
opportunities inherent in new structures and subordinated products. Fortunately for me and
investors, Lee Crabbe and Frank Fabozzi have written this book, which compiles much of
their previous work on corporate bond valuation, along with new features that are a must
read, especially in light of the volatile times in the corporate bond market over the past
few years. For portfolio managers, analysts, traders, and even strategists, if there is
one book in your bookshelf that you should have on corporate bond portfolio management, it
is this one.
William H. Cunningham
Managing Director, Director of Credit Strategy, J.P. Morgan Securities Inc
336 pages