"The definitive guide to reduced-risk investing in the $450 billion convertible securities market From Advent Capital Management-one of the world's top experts on convertible securities-Convertible Securities describes the mechanics and behavior of convertible securities in comprehensive yet easy-to-understand language. Written for discerning investors as well as corporate CFOs and Treasurers seeking quantitative insights and theories presented in a methodical and understandable format using recent and relevant examples. The book explains the mathematical underpinnings of convertible securities and provides thorough analyses of convertibles from every angle-including those of various types of investors and issuers and numerous related disciplines (tax, performance analysis, accounting, risk management, etc.). Specific topics include: Unique and Valuable Features in Convertible Bonds and Preferreds How Savvy Investors Use Convertibles in their Portfolios How CFOs Optimize Corporate Capital Structures withConvertibles Valuation & Quantitative Properties of Convertibles Investment Behavior Asset Allocation Models Convertible Bonds for Related Professions Practical Considerations for Allocators-and much more!"--
The definitive guide to reduced-risk investing in the $600+ billion global convertible securities marketFrom Advent Capital Management one of the worlds top experts on convertible securities Convertible Securities describes the mechanics and behavior of convertible securities in comprehensive yet easy-to-understand language.
Written for discerning investors as well as corporate CFOs and treasurers, Convertible Securities provides quantitative insights and theories presented in a methodical and understandable format using recent and relevant examples. It explains the mathematical underpinnings of convertible securities and offers thorough analyses of convertibles from every angle, including those of various types of investors and issuers and numerous related disciplines (tax, performance analysis, accounting, risk management, and others). Topics include:
- Unique and Valuable Features in Convertible Bonds and Convertible Preferred Stocks
- How Savvy Investors Use Convertibles in their Portfolios
- How CFOs Optimize Corporate Capital Structures with Convertibles
- Valuation & Quantitative Properties of Convertibles
- Psychology and Investing in Convertibles
- Asset Allocation Models that Weigh the Advantages of Convertibles
- Practical Considerations for Convertible Investors and much more!
A high value-added asset class with a unique record of achieving equity-like returns with less risk than outright investment in common stocks, convertible securities are perfect for times when markets are at their most unpredictable.
Convertible Securities offers everything you need to make them work for you, now and in the future.