Convertible Arbitrage PDF ePub eBook

Books Info:

Convertible Arbitrage free pdf Minimize risk and maximize profits with convertible arbitrage Convertible arbitrage involves purchasing a portfolio of convertible securities-generally convertible bonds-and hedging a portion of the equity risk by selling short the underlying common stock. This increasingly popular strategy, which is especially useful during times of market volatility, allows individuals to increase their returns while decreasing their risks. Convertible Arbitrage offers a thorough explanation of this unique investment strategy. Filled with in-depth insights from an expert in the field, this comprehensive guide explores a wide range of convertible topics. Readers will be introduced to a variety of models for convertible analysis, "the Greeks," as well as the full range of hedges, including titled and leveraged hedges, as well as swaps, nontraditional hedges, and option hedging. They will also gain a firm understanding of alternative convertible structures, the use of foreign convertibles in hedging, risk management at the portfolio level, and trading and hedging risks. Convertible Arbitrage eliminates any confusion by clearly differentiating convertible arbitrage strategy from other hedging techniques such as long-short equity, merger and acquisition arbitrage, and fixed-income arbitrage. Nick Calamos (Naperville, IL) oversees research and portfolio management for Calamos Asset Management, Inc. Since 1983 his experience has centered on convertible securities investment. He received his undergraduate degree in economics from Southern Illinois University and an MS in finance from Northern Illinois University.

About Nick P. Calamos

NICK P. CALAMOS is the Head of Investments and Chief Investment Officer overseeing research and portfolio management for Calamos Asset Management, Inc., one of the largest and most well-known convertible investment firms in the country. He oversees the #1 Convertible Fund and the #1 Growth Fund as rated by Lipper and Morningstar for the ten-year period ended 12/31/02. With the firm since 1983, Mr. Calamos has been instrumental in developing the Calamos Convertible Research System (CCRS), a sophisticated, proprietary research system that monitors and scans the entire market for the best available investment opportunities. A Chartered Financial Analyst (CFA), Mr. Calamos is a member of the Investment Analysts Society of Chicago. He has spoken at various conferences and seminars throughout the country on convertible securities investing, has been quoted as an authority on convertible securities by leading financial publications such as Barron's, Fortune, The Wall Street Journal, USA Today, and the New York Times, and has appeared on CNBC and Bloomberg television. He received his undergraduate degree in economics from Southern Illinois University and an MS in finance from Northern Illinois University.

Details Book

Author : Nick P. Calamos
Publisher : John Wiley
Data Published : 08 August 2003
ISBN : 0471423610
EAN : 9780471423614
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 304 pages
Age + : 15 years
Language : English
Rating :

Reviews Convertible Arbitrage



17 Comments Add a comment




Related eBooks Download


  • Patrick S. Hagan - on Beyond Black free pdfPatrick S. Hagan - on Beyond Black

    Run Time: 52.02 minutes In this video Patrick S. Hagan provides the framework for incorporating realistic probability distributions into one's pricing. hedging. and risk analysis: Learn how to extend Black/Scholes/Merton arbitrage free theory to realistic depictions of the market Learn how realistic models explain the observed volatility surfaces of European options Learn how the fat tails of realistic models affect the hedging and risk analysis of European options This video..


  • Number Nine free pdfNumber Nine

    Pursued by the mob and the law. a wild woman in a 1967 Dodge convertible picks up a hitchhiker somewhere outside of Bakersfield - perhaps on the same lonely road where James Dean met his fate fifty years earlier..


  • Sports Cars free pdfSports Cars

    Expertly rendered. ready-to-color drawings of 44 magnificent cars - from the 1915 Stutz Bearcat and the 1934 Duesenberg Model J. to the 1957 Ford Thunderbird convertible and the 1997 Dodge Viper GTS..


  • Camaro 2012 free pdfCamaro 2012

    Camaro 2012 features over 40 years of favorite models. including the new 2011 Camaro convertible. Acclaimed photographer and author David Newhardt delivers dazzling color photography of the choicest Camaros accompanied by informational captions covering the history of Chevy's famous pony car..


  • Understanding and Managing Model Risk free pdfUnderstanding and Managing Model Risk

    A guide to the validation and risk management of quantitative models used for pricing and hedging Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects..


  • Convertible Arbitrage free pdfConvertible Arbitrage

    . Minimize risk and maximize profits with convertible arbitrage Convertible arbitrage involves purchasing a portfolio of convertible securities-generally convertible bonds-and hedging a portion of the