A well - run
convertible bond strategy could be expected to achieve lower positive returns than equities, but with some downside mitigation.
Not exact matches
Hedge fund managers occasionally use
convertible bonds to deploy this
strategy.
So for the first 10 years of Elliot's existence the primary
strategy was
convertible bond hedging» Paul Singer
He had subsequent stints as head of
convertible strategies at Sterne Agee Group and head of credit research in the
convertible bond group at Thomas Weisel Partners LLC before joining Zeo in 2012.
However, income is generated from taxable or municipal
bonds, preferred stock,
convertible bonds, bank loans, MLP's, REIT's, return of capital (ROC) or even income from «covered call writing»
strategies on the portfolio.
The promising start for Sparinvest Global
Convertible Bonds bodes well for the
strategy and future performance.
Strategies adopted in a multi-strategy fund may include, but are not limited to,
convertible bond arbitrage, equity long / short, statistical arbitrage and merger arbitrage.
In this case,
strategy three can make more sense, as the set of buyers taking the
convertible stock and
bonds don't see the dilution.