insights.

Asia convertible bonds had a strong H1. We assess China’s improving macro outlook and thematic opportunities for our strategy, from semiconductors to consumption.

What factors look supportive for convertible bonds in 2024? Our investment team outlines its base-case scenario and areas of potential benefit for investors.  

Car electrification is challenging the whole vehicle production supply chain. Our view is that battery cell production will end up becoming commoditised.

We believe convertible bonds offer an effective way to navigate an uncertain macro environment. At LOIM, we see a number of investment themes and opportunities in 2023.  

Many convertible bonds are acting like traditional debt instruments but retain equity upside potential, opening a rare opportunity for fixed-income investors.  

Uncertainty creates conducive conditions for the asymmetric return profile  of convertible bonds – one might say volatility actually suits convertibles.