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This fundie is making money on bond price errors

Cecile Lefort
Cecile LefortMarkets reporter

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Laura Ryan calls it the impossible house. After seven years of intense technical drawings and conundrums, the fund manager is bracing for a kitchen that runs out of water, toilets on the fritz, and candle-lit dinners.

By day, Dr Ryan is trading basis points for bonds and derivatives bigwig Ardea Investment Management. At night, she is building an off-the-grid house of just 104 square metres in Sydney’s Newtown, with plans to move in mid-year.

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    Original URL: https://www.afr.com/markets/debt-markets/this-fundie-is-making-money-on-bond-price-errors-20240126-p5f0bi