English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Tools annual

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Presents the access of premium content as premium feature

Premium Content

Global: Zendy Plus annual

Global: Zendy Free Plan

We develop a method to decompose the PnL of a portfolio of assets into fourparts: (a) PnL due to FX rate changes, (b) PnL due to interest rate changes,(c) carry gain due to time passing, (d) PnL due to residual market risk changes(credit risk, liquidity risk, volatility risk etc.). We demonstrate theusefulness of our approach by decomposing the performance of an FX- andinterest rate-hedged negative basis position in our fund XAIA Credit Basis II,and we apply the methodology to decompose the performance of our fund XAIACredit Debt Capital in the first quarter of 2022 into PnL contributions of thesingle positions.

Performance attribution with respect to interest rates, FX, carry, and residual market risks