
Positive performers
The inclusion of a convertible arbitrage hedge fund strategy in a well-diversified alternative assets portfolio makes sense, especially in the current climate
The convertible arbitrage hedge fund strategy itself may not be too difficult to grasp but its execution and more importantly profitability relies upon a strong background and considerable experience trading convertibles on the part of managers.
Most practitioners have honed skills over many years and the majority gained their initial experience as an analyst at proprietary desks of investment banks, or with hedge funds specialising in the convertible arbitrage strategy.
In its simplest form, a
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