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 ...

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.

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.

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 ...