Author by: Nick P. Calamos Languange: en Publisher by: John Wiley & Sons Format Available: PDF, ePub, Mobi Total Read: 69 Total Download: 352 File Size: 40,5 Mb Description: Minimize risk and maximize profits with convertible arbitrage Convertible arbitrage involves purchasing a portfolio of convertible securities-generally convertible bonds-and hedging a portion of the equity risk by selling short the underlying common stock. This increasingly popular strategy, which is especially useful during times of market volatility, allows individuals to increase their returns while decreasing their risks. Convertible Arbitrage offers a thorough explanation of this unique investment strategy. Filled with in-depth insights from an expert in the field, this comprehensive guide explores a wide range of convertible topics. Readers will be introduced to a variety of models for convertible analysis, 'the Greeks,' as well as the full range of hedges, including titled and leveraged hedges, as well as swaps, nontraditional hedges, and option hedging. They will also gain a firm understanding of alternative convertible structures, the use of foreign convertibles in hedging, risk management at the portfolio level, and trading and hedging risks.

Ken Weber is an expert craftsman of the short, compelling tales of intrigue. He has written six previous Five Minute Mysteries books, and Games magazine selected one as a best book of 1989. He is also the author of One-Up Trivia, a unique take on trivia books.

1. Convertible Arbitrage Strategy
2. Fixed Income Arbitrage

Convertible Arbitrage Strategy

Fixed Income Arbitrage

Convertible Arbitrage eliminates any confusion by clearly differentiating convertible arbitrage strategy from other hedging techniques such as long-short equity, merger and acquisition arbitrage, and fixed-income arbitrage. Nick Calamos (Naperville, IL) oversees research and portfolio management for Calamos Asset Management, Inc. Since 1983 his experience has centered on convertible securities investment. He received his undergraduate degree in economics from Southern Illinois University and an MS in finance from Northern Illinois University. Author by: Sebastian P.