AllNews - CONVERTIBLE BONDS, 2024 OUTLOOK: AN ALIGNMENT OF PLANETS ?
"This Friday, January 26th, AllNews published an article written by Sébastien CARON, CEO of Ellipsis AM and Convertible portfolio Manager, on the 2024 outlook for convertible bonds: An alignment of the planets.
"After a sharp outflow in 2023, which weighed on valuations, inflows on the asset class and valuations should normalise."
Extract:
"For 2024, we identify a number of performance drivers. In addition to a favourable situation for bond yields, we expect a strong recovery in the primary market, with attractive issuance terms."
Disclaimer: The information relating to the instruments or issuers mentioned in this article is for illustrative purposes only and does not constitute a buy or sell investment recommendation. At the time of publication of this article, the portfolios managed by Ellipsis AM may or may not be exposed to the issuers mentioned and the issuers may no longer be present in the portfolio at a later date. Future management decisions are not constrained by the statements and analyses reported and may even go in the opposite direction.