What are Convertible Bonds?
Convertible bonds can be exchanged for some specified amount of common or preferred stock in the issuing company. At the time of issue, the terms of conversion will be outlined, including the times, prices, and conditions under which it can occur. Most convertible bonds are also callable. This means, in Continue Reading →L&G to launch passive sterling corporate bond fund
Legal and General Investments (LGI) is to launch a passively managed sterling corporate bond fund, subject to FSA approval. The firm is launching the fund in preparation for RDR, as it says that there will be a “significant shift to passive funds” as a result of the new rules. The Continue Reading →Bond Investing Strategy for August 2012
Stay safe in August: US investment grade corporates and high rated high yield offer the best risk reward. We hesitate to increase exposure to risk in the coming months. The EU summit lowered the global political risk backdrop, but comes as slowing economic growth in most major economies is gaining Continue Reading →Comments Off on How to Stress Test Your Bonds