{"id":4149,"date":"2006-03-20T00:00:00","date_gmt":"2006-03-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sp-convertible-bond-hedge-funds-star-in-february","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2006\/sp-convertible-bond-hedge-funds-star-in-february.html","title":{"rendered":"S&#038;P- Convertible bond hedge funds star in February"},"content":{"rendered":"<p>Reuters &#8211; A growing recognition that convertible bonds are cheap combined with the busiest month for merger activity since early 2000 to boost hedge fund performance in February, Standard &amp;Poor&#8217;s said on Thursday.<\/p>\n<p>  S&amp;P&#8217;s overall hedge fund index returned 0.8 percent in February, bringing the total for 2006 to 2.83 percent. That compares with 0.05 percent and 2.59 percent for the S&amp;P index  &lt;.GSPC&gt; of 500 stocks.<\/p>\n<p>  Arbitrage hedge funds buy and sell securities against each other and include convertible bond managers. S&amp;P&#8217;s arbitrage hedge fund index returned 1.24 percent in February and 2.63 percent for  the year to date.<\/p>\n<p>  A dearth of new issues and low volatility has over the past two years squeezed returns in the convertible bond sector to around zero.<\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/5-0&amp;fd=R&amp;url=http:\/\/today.reuters.com\/investing\/financeArticle.aspx%3Ftype%3DmergersNews%26storyID%3D2006-03-16T160112Z_01_L16788057_RTRIDST_0_FINANCIAL-HEDGE-RETURNS-S-P.XML&amp;cid=0\">ReadComplete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A growing recognition that convertible bonds are cheap combined with the busiest month for merger activity since early 2000 to boost hedge fund performance in February, Standard &amp;Poor&#8217;s said on Thursday. S&amp;P&#8217;s overall hedge fund index returned 0.8 [&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-4149","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4149","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=4149"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4149\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}