Hye, may i know what is the different between fixed income analyst and credit rating analyst? If someone from equity analyst, is it better for them to acquire those skills?

Question

anonymous · Answer

Fixed Income Analyst: Fixed income analysis is the valuation of fixed income or debt securities, and the analysis of their interest rate risk, credit risk, and likely price behavior in hedging portfolios. The analyst might conclude to buy, sell, hold, hedge or stay out of the particular security.
Credit Rating Analyst: Credit analysis is the method by which one calculates the creditworthiness of a business or organization. The audited financial statements of a large company might be analyzed when it issues or has issued bonds. Or, a bank may analyze the financial statements of a small business before making or renewing a commercial loan. The term refers to either case, whether the business is large or small.

anonymous · Answer

So what you mean is that rating analyst do not anlayze the interest rate risk, credit risk and price behaviour? Then i think fixed income is more challenging and have good career prospect. How bout If someone from equity analyst, is it better for them to acquire those skills (fixed income or rating skills)?