Convertible bonds gain traction in Asia
Asian CBs have proved hugely popular since March last year, which has piqued the interest of Asia-based investors, says Natalia Barazal of Lombard Odier.
Convertible bond (CB) prices had fallen to such a degree by March last year that Asian issues were extremely attractive, and investors -- particularly in Europe -- bought in heavily. That has sparked interest in a market that only kicked off in the region in 2006, says Natalia Barazal, Geneva-based convertible bond manager at Swiss asset manager Lombard Odier.
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