By Donald A. Steinbrugge, CFA – Founder and CEO, Agecroft Partners The hedge fund industry is dynamic, comprising of numerous strategies that attract varying degrees of interest over time. Demand for each strategy is impacted by many variables including capital market valuations, expectations of economic growth, inflation, market liquidity, and risk appetite, among others. Industry […] Read more »
GAM Hedge Fund Outlook 2018 – Prefer CB Arb to L/S Credit
By Kier Boley, Chairperson of the GAM AIS Investment Committee Alternative industry trends As we begin 2018, global asset prices have continued their inexorable grind higher. There is increasing unease from investors on the length and extent of the current rally, whilst central banks are increasingly on a rate tightening trajectory. As a result, […] Read more »
A Case For Convertible Bond Arbitrage In 2014
By Paul Sansome, Ferox Capital LLP Part One of this article discusses the main reasons to own convertible securities in the current environment. Part Two looks at why convertible bond arbitrage is an attractive investment strategy now. Part One We see four main reasons to own convertibles: 1. Strong new issuance 2. Dispersion in […] Read more »