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 ...

Since inception through year-end 2025, CMRGX’s correlations to the S&P 500 and Bloomberg US Aggregate Index were 0.35% and 0.17%, respectively. Read more here.

BUYING AN INVESTMENT BOUtique that focuses on energy and natural resources might sound like a strange pursuit for a hedge fund executive who specializes in convertible arbitrage and credit strategies.

The strategy performed well during the quarter, delivering returns consistent with traditional fixed income while maintaining the reduced volatility and interest-rate risk investors seek from bond ...

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 ...

Named after a neighbourhood in the Bronx, New York, Highbridge Capital Management was set up in 1992 by Glenn Dubin and Henry Swieca as a convertible arbitrage hedge fund. It was always on the cards ...

LONDON (Reuters) - A new approach to convertible arbitrage will be required in 2007 in order to produce better returns in a crowded sector, according to hedge fund manager Andy Preston, who has ...

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 ...