{"id":3624,"date":"2005-11-21T00:00:00","date_gmt":"2005-11-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"the-hedge-fund-report-convertible-overhang","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2005\/the-hedge-fund-report-convertible-overhang.html","title":{"rendered":"The Hedge Fund Report: Convertible Overhang"},"content":{"rendered":"<p>  <span class=\"default\">The Street &#8211; Hedge funds that practice convertible arbitrage continue to bleed assets and remain one of the poorest performers of any category this year. But here&#8217;s a secret,  according to a hedge fund manager: Convertible issuance is back.<\/span><\/p>\n<p>  <span class=\"default\">Convertible financings have rebounded because interest rates are up and it costs less for companies to issue these stock-and-bond hybrids than traditional corporate paper.  Also, while companies may be sitting on a lot of cash, they&#8217;ve still found uses for borrowed money in the area of share buybacks, acquisitions, and to fund research and development<a href=  \"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2005\/11\/20\/AR2005112000910.html\"><\/a><\/span><\/p>\n<p><a href=\"http:\/\/www.thestreet.com\/_googlen\/markets\/emmatrincal\/10253702.html?cm_ven=GOOGLEN&amp;cm_cat=FREE&amp;cm_ite=NA\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Street &#8211; Hedge funds that practice convertible arbitrage continue to bleed assets and remain one of the poorest performers of any category this year. But here&#8217;s a secret, according to a hedge fund manager: Convertible issuance is back. Convertible [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3624","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3624"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3624\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}