Responsible Investment in Fixed Income Markets

This book provides the world’s first comprehensive account of  responsible investment for fixed income investors. It enables readers to  understand the key characteristics of fixed income investments and the  relevance of sustainability-related issues to fixed income markets.

The  expert contributors to this volume explain how sustainability-related  issues can be taken into account in fixed income research and  decision-making, in portfolio construction, and in active ownership  (engagement). They provide a series of detailed case-studies from  different parts of the fixed income market (corporate investment grade  and high yield, emerging markets, sovereign and municipal debt), from a  range of organisations with a variety of investment approaches. The  contributors also provide in-depth critical analysis of key issues such  as the role and influence of credit rating agencies, green bonds, data  and public policy in shaping investment practice.

For investors,  this book provides practical guidance on how to improve the financial  and the sustainability performance of their fixed income investments.  For stakeholders such as companies, civil society organisations, and  governments it allows them to understand the role that fixed income  might play in delivering the Sustainable Development Goals (SDGs), and  to understand how they might encourage fixed income investors to pay  greater attention to sustainability-related issues in their investment  practices and processes.