Convertible arbitrage has been a key hedge fund strategy for more than a decade and has offered steady positive returns regardless of market direction. Although the strategy has returned an annualized ...

A niche hedge fund strategy involving convertible debt is having a moment, with market forces aligning to create ideal conditions for trading the hybrid securities. So-called convertible arbitrage, ...

Hedge funds aren’t magical black boxes; they’re collections of disciplined processes. The good news? You can reverse-engineer those processes and adapt them to a home office or a small prop account.

Pragma, an algorithm vendor to broker-dealers and statistical arbitrage hedge funds, has begun to court traditional asset managers. Under a new initiative dubbed SAMBA, for Single-Access Multi-Broker ...

Hedge funds continued their momentum in 2025, delivering strong performance. But historically high correlations to the S&P ...

“Shadow banking” now accounts for $250 trillion, or 49% of the world’s financial assets, according to the Financial Stability Board. Hedge funds manage 15 times as many assets combined as they did in ...

"Hedge fund": The phrase evokes images of pirates in designer suits … of backroom deals over cigars and single malt … of Gordon Gekko's iconic line from the 1987 movie Wall Street: "Greed is good." ...