Fixed Income
Brickwork Research Fixed Income support enables portfolio managers
and fund managers to outsource the time consuming and repetitive tasks to the India team. The India team could track macro economic parameters, interest rates, government, corporate, municipal bonds as well as structured products. The India team also tracks all rating actions, monitors all news relating to company that can have bearing on the security valuation. Our support helps the fund managers and traders in making timely and well informed investment decisions.
Brickwork Research has delivered expertise across most fixed-income products, including corporate debt, municipal debt, investment-grade, high-yield, distressed debt, leveraged finance, structured products, and emerging markets. For these products, we have carried out several research activities to support our clients, such as fundamental credit analysis, rating forecasts, cash flow modeling, capital and risk reporting. Brickwork Ratings an Indian credit rating agency tracks thousands of Indian firms and has rated over $20 billion of corporate and government agency bonds.
Brickwork capabilities include credit rating support, financial and ratio analysis, covenant and indenture analysis, comparable debt analysis and analysis of off–balance sheet exposure. Capabilities also include support in client's research on High-Yield and leveraged finance by building and maintaining forecasting models, using the models for stress testing, scenario analysis, adjusting the factors for modifications in risk as and when necessary.view more
Brickwork analysts support clients in valuing distressed debt securities by using scenario analysis pertaining to recovery values and assess the effectiveness of covenants across different layers of debt. We also track news and events, along with an analysis of the impact on recovery prospects.view more
Brickwork can track municipal and sovereign and foreign bonds databases – coupons, interest, rating, trading volumes etc.view more
Brickwork analysts can support research, analysis and risk management activities related to structured products such as CDOs, CLOs, ABS, and MBS. Analysts can also provide valuation support for structured credit products using models provided by the client.view more
Brickwork analysts can support research and analysis related to emerging market debt. Capabilities also include support in risk management activities of portfolio managers.view more