About this document
LM04 Using Multifactor Models HY Notes by Tanish Kalra is a document available to read on EtoBox.
The document discusses Arbitrage Pricing Theory (APT) as a multifactor model for predicting asset returns based on various risk factors, contrasting it with the Capital Asset Pricing Model (CAPM). It outlines the structure and assumptions of APT, the differences between macroeconomic and fundamental factor models, and their applications in fixed income and portfolio management. Additionally, it explains how multifactor models assist in return attribution, risk attribution, and strategic portfolio decisions.
- Author
- Tanish Kalra
- Language
- EN