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 ...

Convertible arbitrage exploits mispricings between convertible bonds and their underlying equity, offering market-neutral returns with low correlation to broader markets. A passive, static portfolio ...

December 2004 An insight into how convertible arbitrage works and what lies behind its extraordinary risk adjusted return statistics Heard of an asset class that earns current income, has a principal ...

One by one, the opportunities to make arbitrage profits out of convertible bonds have disappeared. It’s no wonder the smartest hedge funds are bailing out. GLG, one of the biggest, recently entered ...

Convertible arbitrage has been a key hedge fund strategy for more than a decade and has offered steady positive returns regardless of market direction. Although the strategy has returned an annualized ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

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 ...

A niche hedge fund strategy involving convertible debt is having a moment, with market forces aligning to create ideal conditions for trading the hybrid securities. So-called convertible arbitrage, ...

A team of traders specializing in convertible bonds at multistrategy hedge fund LMR Partners is on track for record yearly gains as a surge in issuances and a pickup in corporate actions create a ...

Arbitrage is the practice of purchasing and selling an item at the same time on several platforms, exchanges, or locations in an effort to profit from the price difference. The quantity of the ...

NEW YORK, NY / ACCESS Newswire / October 6, 2025 / In the ever-shifting environment of Wall Street, ThinkEquity, one of the New York Stock Exchange's newest member firms, is staking its ground with ...