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 ...
A recently launched exchange-traded fund, named the REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX), began trading on Friday, focusing on convertible bonds issued by firms that hold ...
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 ...
These days, convertible arbitrage managers can barely complete the first line of their pitch without investors heading for the door. The solid returns the strategy offered have faded as a result of ...
Named after a neighbourhood in the Bronx, New York, Highbridge Capital Management was set up in 1992 by Glenn Dubin and Henry Swieca as a convertible arbitrage hedge fund. It was always on the cards ...
Evergy, Inc. (NASDAQ: EVRG) ("Evergy") today announced that it has entered into separate, privately negotiated repurchase agreements with certain holders of its 4.50% Convertible Notes due 2027 (the ...
The success of Michael Saylor’s fundraising playbook for Strategy is causing trouble for its imitators, as the market for the convertible bonds they are using to fund bitcoin buys is getting ...
Over interest rate and market cycles, we believe Calamos Market Neutral Income Fund has shown its value as a fixed-income alternative, providing a return stream that aligns with what investors seek ...