The value of an option: How schemes can use convertible bonds

clock • 4 min read

Using convertible bonds could help pension fund investors to mitigate volatility while also sharing in upside during periods of growth, says Justin Craib-Cox.

Even though most markets are up—strongly—for 2019 to date, it still isn't easy to make asset allocation decisions. Why is that? The proliferation of negatively yielding bonds, for starters. As of t...

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