|
Headline: Is the game over for hedge funds? Source: Euromoney Date: January 2002 Author: Nick Evans Convertibles Last year was a banner year for the European convertible bond market. Will the pace of growth be maintained this year? Or is the new-issue boom about to run out of steam? The answer, as is the case in most areas of the equity capital markets at the moment, lies in the behaviour and attitude of the hedge funds. They have been the driving force in the convertibles market in recent months, buying up to 70% of all new issues. |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
