The attributes of convertible bonds offer investors significant benefits when combined with professional portfolio management:
- Asymmetric price behaviour and positive timing effect – limited downside risk and equity upside participation
- Capital protection provided by bond floor
- Exceptionally attractive risk/return profile
Convertible bonds are particularly suitable for professional and private investors aiming for long-term investments.
Accounting for about half of our managed funds, convertible bonds have been at the very core of our asset management since the company’s founding in 1994.
With one of the largest convertible bond teams in asset management, we have continually evolved our investment process over the past 20 years. The hallmarks of this process are a team approach, quantifiable and replicable results, alpha generation and credit research.
Since developing the first software for convertible bonds in 1996, our IT team has continued to enhance our proprietary software, which now also covers such areas as risk management, performance analysis, trend recognition and scenario analysis. These programs allow us to offer a wide range of investment strategies.
Further information to timing and risk premiums of convertible bonds here.
Further information to the structure and risks of convertible bonds here.