Insights

This paper provides a brief outline of the often-over-looked convertible securities asset class, reasons for investing, different roles the asset class can have in the institutional and private wealth portfolios, and a comparison of performance versus other main asset classes.

This paper presents a mathematical framework to forecast convertible returns, volatilities, and correlations to other asset classes in order to integrate convertibles into long-term capital market asset allocation models.

This analysis was originally conducted in 2019 to further inform investors, advisors and consultants of the benefits of including convertibles in their asset allocation models and portfolios. This year, the asset class reached a 50-year track record milestone, and we thought it appropriate to refresh the analysis in commemoration.

Advent explores the connection between inflation and its impact on the convertible market. This whitepaper illustrates how convertibles performed over five inflationary periods dating back to the early 1970s while also discussing the connection between the key drivers of inflation and convertible performance.

Advent executives host a webinar to discuss the advantages of convertible bonds in today’s markets and the different long-only strategies used here at the firm.

Our team explores why convertibles are an innovative solution for rising funding ratios and elaborate on why they are advantageous.

Read Advent’s Statement on Diversity and Inclusion, written by President and Chief Investment Officer Tracy Maitland.