Barclays is keeping up the reverse convertible momentum of 2010, broadening the scope of available underlyings. Its latest clutch invites investors to bank on the fortunes of credit card companies, a valve provider and a robotic surgical equipment manufacturer. Among these were the usual stalwarts - Alcoa, the aluminium player, Motorola, Sun Trust Banks, Ford and Metlife.
Despite the scope of business, the underlyings all offer coupons within a relatively constrained range of 10-12.25%. The exce