The investment seeks to provide a total return, from income and appreciation, by investing in U.S. convertible securities and U.S. Dollar-denominated (“USD”) convertible securities. Under normal ...
Convertible bonds and convertible stocks are a tool that public companies often use for large financings to avoid disturbing their equity cap tables. Warren Buffett’s Berkshire Hathaway has been a big ...
LONDON (Reuters) -Hedge funds say they are prepared if U.S. President Donald Trump fires Federal Reserve Chair Jerome Powell before his term expires next year. The dollar briefly tumbled on Wednesday ...
A recent article by Fidelity highlights one surprising trend: the quiet comeback of convertible bonds. These hybrid investments are getting renewed attention from both institutional and individual ...
The Advent Convertible and Income Fund (AVK) is a closed-end fund that aims to provide its investors with a high level of total return. As is the case with most closed-end funds, however, it primarily ...
A team of traders specializing in convertible bonds at multistrategy hedge fund LMR Partners is on track for record yearly gains as a surge in issuances and a pickup in corporate actions create a ...
Convertible bond issuance surged through the first half of 2025, presenting issuers with a golden opportunity to raise capital on highly attractive terms There has rarely been a better time for ...
Some debt issued by Strategy, formerly known as MicroStategy, now yields nearly 8% as investors show some concern about the company’s ability to pay off the bonds in 2028 when holders can redeem the ...
(Data below is sourced from the Virtus fund website unless otherwise stated.) The Virtus Equity & Convertible Income Fund (NIE) is a $775 million closed-end fund that invests at least 80% of the ...
CHINAHONGQIAO (01378.HK) announced a proposed issuance of zero-coupon convertible bonds due 2027 with an initial principal ...
Shares of Zscaler (NASDAQ:ZS) declined over 3% in premarket trading Monday after the cloud security company revealed plans to raise $1.5 billion by issuing convertible bonds with a three-year maturity ...
CHINAHONGQIAO (01378.HK) opened down 3.65% this morning (28th) at HKD33.76, with a pre-market trading volume of 1.125 million ...