Convertible Arbitrage

Insights and Techniques for Successful Hedging

Business & Finance, Finance & Investing, Investments & Securities
Cover of the book Convertible Arbitrage by Nick P. Calamos, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nick P. Calamos ISBN: 9781118045664
Publisher: Wiley Publication: January 19, 2011
Imprint: Wiley Language: English
Author: Nick P. Calamos
ISBN: 9781118045664
Publisher: Wiley
Publication: January 19, 2011
Imprint: Wiley
Language: English

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. 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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. 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.

More books from Wiley

Cover of the book A Companion to Plutarch by Nick P. Calamos
Cover of the book The Way of the Dog by Nick P. Calamos
Cover of the book Care Planning in Children and Young People's Nursing by Nick P. Calamos
Cover of the book Risk Arbitrage by Nick P. Calamos
Cover of the book Essentials of the Dodd-Frank Act by Nick P. Calamos
Cover of the book Minimally Invasive Periodontal Therapy by Nick P. Calamos
Cover of the book Globalization, Gating, and Risk Finance by Nick P. Calamos
Cover of the book Human Resources Management for Public and Nonprofit Organizations by Nick P. Calamos
Cover of the book Feline Emergency and Critical Care Medicine by Nick P. Calamos
Cover of the book Bioprocessing of Renewable Resources to Commodity Bioproducts by Nick P. Calamos
Cover of the book Übungsbuch Ukulele für Dummies, Enhanced Edition by Nick P. Calamos
Cover of the book Explorations of Mathematical Models in Biology with MATLAB by Nick P. Calamos
Cover of the book Power Relationships by Nick P. Calamos
Cover of the book The Human Equity Advantage by Nick P. Calamos
Cover of the book Electronics Projects For Dummies by Nick P. Calamos
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy