Showing 1 - 7 of 7 results

White Paper

The Limits of Convertible Bond Arbitrage

Convertible bond arbitrage suffered abysmally after the collapse of Lehman Brothers in 2008. This case study looks at how these strategies can break down in times of crisis, and the opportunities they offer in the aftermath.

White Paper

Inflation in 2010 and Beyond — Part II

"In this paper, our analysis reveals that traditional institutional portfolios with risk characteristics similar to a 60/40 stocks/bonds allocation may not be well-positioned for unexpected inflation. "

White Paper

Inflation in 2010 and Beyond — Part I

How to hedge against inflation? Here, we outline key issues surrounding the inflation debate, and clarify some misconceptions. We also offer analysis to help investors decide how to position a portfolio for various inflationary environments.

White Paper

Eurozone Inflation Update: Will ECB Actions Match Its Rhetoric?

As inflation concerns take center stage in Europe, we elaborate on the challenges facing the European Central Bank and discuss potential implications for institutional investors.

White Paper

New QE Not Just Another QE

We examine the Fed’s stance on quantitative easing and inflation during periods of both market turmoil (including the fall of 2008) and relative calm, as well as the motivation behind key decisions that were made.

White Paper

The Convertible Bond Market Dislocation of 2008

The convertible bond market dislocation of 2008 provided investors an unprecedented investment opportunity. We apply insights from this time to discuss how investors might benefit from this opportunity.

Trade Publication

Risk Parity: A Supplement to Traditional Portfolios, Not Their Replacement

It is often said that long-term investors can rely on equity returns since they can withstand short-term periods of underperformance and still survive to realize the benefits in the long-term.