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 bond issuance surged through the first half of 2025, presenting issuers with a golden opportunity to raise capital on highly attractive terms There has rarely been a better time for ...
US convertible bond market's 2025 performance deserves special attention, as the nearly $119 billion in issuance represents not just a record year but a potential inflection point for the asset class.
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 ...
The Fund seeks total return through a combination of current income and capital appreciation. It employs a convertible arbitrage strategy, which involves gaining exposure to a portfolio of convertible ...
One by one, the opportunities to make arbitrage profits out of convertible bonds have disappeared. It’s no wonder the smartest hedge funds are bailing out. GLG, one of the biggest, recently entered ...
Calamos Market Neutral Income Fund continued to deliver on its aim of providing steady gains, regardless of the market’s direction. Markets bottomed quickly in April and then scratched their way back ...
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 ...
Discover how hedge funds use strategies like long/short equity and merger arbitrage to generate returns and understand their ...