Convertible bonds are set to record their best year of absolute performance since 2013 this year, with the TR Global Focus Hedged Convertible Bonds Index (USD) up 7.25% as at the end of October.
Data 'undershoots expectations'
While the big equity market story this year is the continuing rise of the FANGs (Facebook, Amazon, Netflix and Google) and their ability to disrupt established industries, markets have been brutal towards companies in those industries that are under attack....
Despite remaining expensive
Amid record short positions
Views of tax raises 'overblown'
'When is the correction coming?' I asked some respected investors a couple of weeks ago - a question many are considering but only a few are brave enough to speak up about.