This is accomplished by knowing
the underlying return driver of a holding.
Not exact matches
In today's convertible bond market, the key
driver of
returns relates to the value of the
underlying equity.
We expect earnings growth to take over from multiple expansion as a
driver of
returns, and the decline in risk premia to largely be offset by a rise in
underlying government bond yields.
Factors represent important
underlying drivers of equity
returns.
Since each market has different
underlying demand
drivers and supply constraint characteristics, investment
returns vary.
«The
underlying drivers remain in place: a desire for better diversification, a broader investment universe, and potentially superior
returns.»