Convertible Securities

The definitive guide to reduced-risk investing in the $600+ billion global convertible securities market

Authored  by professionals at Advent Capital Management―one of the world's  leaders on convertible securities―Convertible Securities describes the  mechanics and behavior of convertible securities in comprehensive yet  easy-to-understand language.

Written for discerning investors,  including corporate CIOs and CFOs, financial investment academics, and  financial advisors, Convertible Securities provides quantitative  insights and theories presented in a methodical and understandable  format using recent and relevant examples. It explains the mathematical  underpinnings of convertible securities and offers thorough analyses of  convertibles from every angle, including those of various types of  investors and issuers and numerous related disciplines (tax, performance  analysis, accounting, risk management, and others). Topics include:
 Unique and Valuable Features in Convertible Bonds and Convertible  Preferred Stocks How Savvy Investors Use Convertibles in their  Portfolios How CFOs Optimize Corporate Capital Structures with  Convertibles Valuation & Quantitative Properties of Convertibles  Psychology and Investing in Convertibles Asset Allocation Models that  Weigh the Advantages of Convertibles Practical Considerations for  Convertible Investors―and much more! A high value-added asset class with  a unique record of achieving equity-like returns with less risk than  outright investment in common stocks, convertible securities are perfect  for times when markets are at their most unpredictable. Convertible  Securities offers everything you need to make them work for you, now and  in the future.