Attempting to call the tops and bottoms of the convertible bond cycle has proven to be a thankless task for investors.
Many investors redeemed from convertible arbitrage funds after suffering steep losses in 2008 only to see prices rebound sharply in 2009.
[Pictured: Emily Leonard, investor relations, Silverback Asset Management]
Elliot Bossen, founder and chief investment officer of Silverback Asset Management, says investors should not have to make these types of market calls when investing in
The week on Risk.net, December 2–8, 2017Receive this by email