Convertible arbitrage exploits mispricings between convertible bonds and their underlying equity, offering market-neutral returns with low correlation to broader markets. A passive, static portfolio ...
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 ...
A recently launched exchange-traded fund, named the REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX), began trading on Friday, focusing on convertible bonds issued by firms that hold ...
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 ...
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 ...
A surge in issuance of a type of bond that can convert into stock on maturity is helping revive a hedge fund strategy that was crushed during the financial crisis. So-called convertible arbitrage, in ...
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 ...
Debt that can become equity has become all the rage in Asia, where issuers are increasingly turning to the instrument to get ...
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.