Reality check

Fund of hedge fund managers are shying away from convertible arbitrage strategies on fears that hedge funds own too high a proportion of the world's convertible bond market.

In the place of convertible strategies, investors are tending toward equity hedged portfolios, biased slightly toward the US, pursuing the strategy that outperformed its peers for much of the 1990s.

Richard Graham, head of institutional marketing at Baring Asset Management, says long/short strategies produced annual returns

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: