Convertibles are back in fashion ... but how can they avoid the pitfalls of the past?


Just over a year ago the convertible bond market was reaching the trough of a painful adjustment. The UBS global convertible bond index dropped 6% in the first five months of 2005, despite relatively benign stock market conditions. Poor performance led many asset allocators to withdraw funds from convertible arbitrage, triggering a string of redemptions that accelerated the sell-off.

In the ensuing bloodbath some hedge funds, like Akela Capital and Marin Capital, were forced to shut up shop and

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Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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