Domestic (U.S.)

Investment Grade Convertibles

The long-only Institutional Investment Grade Convertible strategy seeks to provide US equity-like returns with significantly less volatility.  Utilizing Zazove’s quantitative approach, the strategy identifies convertible securities which exhibit attractive, asymmetric risk/reward profiles.  Portfolio diversification and credit research are integral parts of the investment process.  The strategy can invest in BB- rated or higher securities provided the strategy’s weighted average credit rating is at least BBB-. 

Investment Grade Blend Convertibles

The long-only Investment Grade Blend Convertible strategy seeks to provide US equity-like returns with significantly less volatility.  Utilizing Zazove’s quantitative approach, the strategy identifies convertible securities which exhibit attractive, asymmetrical risk/reward profiles.  Portfolio diversification and credit research are integral parts of the investment process.  The strategy typically maintains a weighted average credit rating of BBB-, without additional constraints on credit exposure.