Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Convertible Arbitrage: Managers invest in companies' convertible securities. Typically, they will be long the convertible bond and short the common stock of the same company. Positions are designed to ...
Convertible-bond-arbitrage funds thrive on the sort of uncertainty roiling markets today, but they've also held their own in calmer times. Convertible-bond-arbitrage funds thrive on the sort of ...
In this episode of Alternative Angles, host Steve Rosen, a former portfolio manager in Fidelity’s High Income & Alternative Investing division, digs into convertible arbitrage. Along with guests Seth ...
Convertible arbitrage has been a key hedge fund strategy for more than a decade and has offered steady positive returns regardless of market direction. Although the strategy has returned an annualized ...
During the first four months of this year, convertible investors witnessed a peculiar event. While the Standard & Poor's 500 dropped 4.0 percent, convertible funds declined 6.6 percent, according to ...
The EMEA convertible bond market has made a recovery and is back as a financing option for corporates. High-quality investment-grade corporate credit has driven a frantic second quarter for ...
Risk-free profit. It sounds nice, doesn't it? That's what arbitrage strategies look to accomplish. But what is arbitrage? The term "arbitrage" tends to get thrown around a lot, and not always ...