The advantages of convertibles in an inflationary context


The beginning of the year has been a bit slow for convertible bonds as bond yields remain low and volatility has intensified in the equity markets since the outbreak of war in Ukraine.

Funds wonders about the sensitivity of the asset class to inflationary pressures and the prospect of rising interest rates in the US and Europe.

  • What are the impacts of equity management style rotations?
  • What are the factors supporting the asset class?
  • Is the asset base being renewed?
  • Should we invest in funds managed with a global approach or focus on European convertibles?
  • What do convertibles bring to an asset allocation?

The editors interviewed Sébastien Caron, convertible bond manager at Ellipsis AM, as well as other asset managers.

To read the article online on the Funds Magazine website.