Lakshman Harendran, member of the global convertible bond team at RWC Partners, argues that convertibles are an ideal investment for today's high-risk, low-yield environment.
Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.
With banks and brokers under pressure to raise capital levels and reduce risk in the aftermath of the credit crisis, many trading activities have been substantially (and permanently) cut back.