Active management and global perspective maximise the potential benefits of the convertible’s unique structural features
When Calamos Investments began utilising convertible securities in the volatile markets of the 1970s, the benefits of the asset class were not widely understood. Today the asset class enjoys greater recognition among investors, providing access to a broad array of global opportunities. Even so, there are still misconceptions that may prevent institutional investors from fully capitalising on the potential of convertibles.
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