Convertible bonds offer investors the attractive upside potential of equities combined with the defensive characteristics of bonds. This hybrid asset class is seeing rapidly growing adoption, presenting compelling investment opportunities.

The Case for Convertible Bonds:

Convertible bonds provide equity-like upside participation while also offering downside protection similar to fixed income. With this asymmetric risk/return profile, convertible bonds tend to perform well across different market environments, making them a powerful diversifier in multi-asset portfolios over the long-term.

Our Convertible Bond Expertise:

We are a specialized investment boutique with a leading position in managing global convertible bonds and other asymmetric investment strategies. Investors have benefited from our outstanding 35+ year track record in actively managing global convertibles. Our range of defensive, balanced, and opportunistic global convertible strategies allows us to tailor portfolios to meet diverse client needs.

Reasons to Invest:

• Upside potential with downside mitigation: Convertibles offer equity upside with bond-like downside protection.
• Advantages in volatile markets: They provide clear benefits in rising rate environments.
• Competitive returns: Convertibles have a track record of attractive returns with lower volatility than equities.

Potential Risks:

• Loss of capital: Investors may experience partial or full loss of invested capital.
• Default risk: Bonds carry risk of issuer default, which increases during economic recessions.
• Short-term volatility: Convertible returns can fluctuate in the near term.

Browse our comprehensive convertible bond and multi-asset offerings. Reach out to discuss how our convertible and multi-asset capabilities can help enhance your portfolio.