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 ...

US convertible bond market's 2025 performance deserves special attention, as nearly $119b in issuance represents not just a record year but a potential inflection point for 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 ...

These days, convertible arbitrage managers can barely complete the first line of their pitch without investors heading for the door. The solid returns the strategy offered have faded as a result of ...

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 ...

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 ...

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 ...

Mutual fund feeds and expenses are charges that may be incurred by investors who hold mutual funds. Running a mutual fund involves costs, including shareholder transaction costs, investment advisory ...