Global Convertible Investing - The Gabelli Way

Informationen zum Autor HART WOODSON is the Managing Director of Gabelli Asset Management (UK) Ltd. He joined Gabelli (New York) in 1993 as a Senior Vice President and Portfolio Manager. Before joining Gabelli, he worked in Amsterdam, the Netherlands, for ABN AMRO Bank where he was responsible for new issue activities concerning convertible bonds, preferred shares, and warrants in all currencies. Prior to that he worked in New York for AMRO Bank in the Capital Markets Group and as a Credit Analyst for Meridien International Bank. Mr. Woodson graduated from Trinity College, Hartford, with honors in history and international relations. He received his master's degree in international affairs from Columbia University, New York, where he was elected an International Fellow. Klappentext PRAISE FOR GLOBAL CONVERTIBLE INVESTING: THE GABELLI WAY "Hart has just written the best book on our product. Everyone will learn something from this Graham & Dodd for convertibles . . . a must-read for investors." ¿Lorraine Lodge Director, Convertible Research, ING Barings "With the global convertible markets going from strength to strength, Global Convertible Investing is an excellent guide to this exciting asset class." ¿Grant Mackie Head of International Convertible Bond Research, Lehman Brothers "Hart Woodson has written the most definitive work on convertibles to date. Not only does he provide a fully comprehensive study of the technical dynamics that are the essential ingredients of the convertible instrument, he discusses at length the myriad of other considerations that go into making an intelligent investment decision." ¿Richard C. Nelson Director, Convertible Research, ABN AMRO "A pragmatic, plain-English and incredibly comprehensive tutorial of the convertible securities marketplace. A must-read for anyone considering issuing or investing in convertibles." ¿Kendrick Wakeman Director, Convertible Research, Wachovia Securities, Inc. "Easily the most carefully constructed work on the world of convertible bonds. Hart combines the insights of a practitioner with the precision of an academic." ¿John Wagner Managing Partner, Camden Asset Management, LP "This book is an essential guide to convertibles for new as well as existing convertible investors. It is comprehensive, and it reflects Hart's extensive experience as a Global Convertible Portfolio Manager." ¿Anand Iyer Group Head, Convertible Research, Morgan Stanley "All groups of investors will gain from this comprehensive and insightful book." ¿James Peattie Head of Equity Derivative Research, Dresdner Klienwort Wasserstein "The book admirably combines a simple down-to-earth view of convertibles with technical and analytical rigor. Hart Woodson manages to discuss topics interesting to some but intimidating to many, such as convertible pricing models or convertible arbitrage strategies, in a way that makes it easily digestible and fun." ¿Katalin Tischhauser Head of International Convertible Research, Goldman Sachs Zusammenfassung This book introduces convertibles to the broader investment community. Written for both beginners and advanced readers interested in convertibles, Global Convertible Investing covers the basics of convertibles, convertible pricing and valuation, convertible arbitrage, and special issues specific to the convertible market. Inhaltsverzeichnis List of Figures List of Tables Introduction Preface Acknowledgments PART ONE: THE CONVERTIBLE BASICS Chapter 1: Anatomy of a Convertible Chapter 2: Convertible Structures: Let Me Count the Ways Chapter 3: Understanding the Prospectus: Caveat Emptor Chapter 4: Global Convertible Markets Chapter 5: Benchmarks and Performance: Global and Domestic Indice...

Sommario

List of Figures
 
List of Tables
 
Introduction
 
Preface
 
Acknowledgments
 
PART ONE: THE CONVERTIBLE BASICS
 
Chapter 1: Anatomy of a Convertible
 
Chapter 2: Convertible Structures: Let Me Count the Ways
 
Chapter 3: Understanding the Prospectus: Caveat Emptor
 
Chapter 4: Global Convertible Markets
 
Chapter 5: Benchmarks and Performance: Global and Domestic Indices
 
Chapter 6: Convertible Valuation: A Cultural Overview
 
PART TWO: CONVERTIBLE PRICING AND VALUATION
 
Chapter 7: Option Pricing Theory
 
Chapter 8: Using the Black-Scholes Model to Price a Convertible Bond
 
Chapter 9: Sensitivity Analysis: The Greeks
 
Chapter 10: Convertible Bond Pricing: Binomial Trees
 
Chapter 11: Convertible Bond Pricing: Put plus Stock plus Yield Advantage
 
PART THREE: CONVERTIBLE HEDGING
 
Chapter 12: Convertible Arbitrage
 
Chapter 13: Hedging with Options
 
Chapter 14: Hedging Interest Rate and Default Risk
 
Chapter 15: Hedging Currency Risk
 
PART FOUR: SPECIAL TOPICS
 
Chapter 16: Mandatory Convertible Securities
 
Chapter 17: Busted Convertibles: Market Overview
 
Chapter 18: Investing in Busted Convertibles
 
Chapter 19: The Investment Decision
 
Epilogue
 
Appendix 1: MCS Name Variations
 
Appendix 2: Useful Internet Sites
 
Glossary of Notation
 
Glossary of Terms
 
Bibliography
 
Index

Dettagli sul prodotto

• Autori: Columbia, A. Hartswell Woodson, Hart Woodson, Hart (Trinity College Woodson, Woodson Hart, a Woodson III
• Editore: Wiley, John and Sons Ltd
• Lingue: Inglese
• Formato: Copertina rigida
• Pubblicazione: 14.01.2002
• EAN: 9780471209829
• ISBN: 978-0-471-20982-9
• Pagine: 368
• Categorie: Scienze sociali, diritto, economia > Economia > Economia aziendale; Wandelschuldverschreibung, Finance & Investments, Finanz- u. Anlagewesen, Kapitalanlagen u. Wertpapiere, Investments & Securities