Convertible Bonds Find Their Sweet Spot
Advent president and CIO Tracy Maitland discusses the benefits of convertible bonds, especially given recent double digit increase in performance, with Brian Chappatta of Bloomberg Opinion. Click here to learn more about why convertibles are “the best asset class nobody knows about.”
The comments, views, opinions and any forecasts of future events, returns or results expressed in the article, video or interview (collectively, published media) reflect the opinion of the quoted author or speaker, are subject to change without notice, do not necessarily reflect the views of Advent Capital Management, LLC (Advent) or other professionals at Advent, do not reflect actual investment results, are not guarantees of future events, returns or results and are not intended to provide financial planning, investment advice, legal advice or tax advice. The published media may contain certain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Actual outcomes and results may differ materially from any outcomes or results expressed or implied by such forward-thinking statements. The success or achievement of various results, targets and objectives is dependent upon a multitude of factors, many of which are beyond the control of Advent. No representations are made as to the accuracy of such estimates or projections or that such estimates or projections will be realized. Actual events or conditions are unlikely to be consistent with, and may differ materially from, those assumed. No investment advice, financial advice, tax advice, or legal advice is provided by Advent through the published media, and no person is authorized to use the published media for those purposes. Therefore, the published media is not a recommendation to invest in any Advent investment strategy or buy or sell units or interests (“interests”) in an Advent investment strategy and/or an Advent-managed separate account or collective investment vehicle (collectively, an “account”). Any discussion or information in the published media relating to investment processes, portfolio characteristics or other matters relating to Advent or an Advent investment strategy or account is subject to change over time. The accuracy, completeness or suitability of the published media and any comments, views, opinions and forecasts within the published media cannot be guaranteed and should not be relied upon as such by any person. The information contained in the published media does not purport to cover all matters that may be relevant for the purposes of considering whether or not to make any prospective investment. Prospective investors should conduct their own investigations in relation to the matters referred to in the published media and are recommended to consult their own advisers in relation to such matters. No responsibility or liability is accepted by Advent or any of its officers, agents or advisors as to the accuracy, sufficiency or completeness of any of the information or comments, views, opinions, or for any errors, omissions or misstatements, negligent or otherwise, contained in or excluded from the published media. Past performance does not guarantee, and is not a reliable indicator of, future results and the performance of an account may be substantially different. Current performance may be lower or higher than any performance disclosed in the published media. The performance of an Advent investment strategy or account may be volatile, and an investor could lose all or a substantial portion of any investment made in an Advent investment strategy or account. No representation is given that an Advent investment strategy or account is suitable for any particular investor. Market conditions can fluctuate and vary widely over time and can result in a loss of portfolio value. It should not be assumed that results for historic portfolio investments or investment strategies will be achieved for other investments in the future. No guarantee or representation is made that any Advent investment strategy or account will achieve its investment objective or have positive returns. Investments may be in a variety of currencies and therefore changes in rates of exchange between currencies may cause the value of investments to decrease or increase.