NISM 21B Portfolio Managers Exam Notes

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  • Active Management: Interest rate anticipation, credit analysis.
  • Interest Rate Anticipation: Adjusts duration based on rate forecasts.
  • Credit Analysis: Evaluates issuer creditworthiness.
  • Yield Spread Analysis: Exploits yield differences.
  • Duration Matching: Aligns duration with horizon.

NISM 21B Portfolio Managers

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