Penny Chou

Convertible bonds continue to play a distinct role within diversified portfolios by offering a hybrid exposure to both equity and fixed income markets. Entering 2026, the asset class reflects attractive valuations, broad sector representation, and a robust issuance universe, providing investors with an alternative way to gain equity participation while maintaining fixed income characteristics.   View PDF

Innovation is reshaping every industry, led by breakthroughs in AI, clean energy, satellites, and more. Yet investing directly in high-growth equities can mean elevated risk. Convertibles offer an alternative – allowing investors to capture upside from these transformative trends while providing downside protection. SSI explores these opportunities and shows how active management can help navigate this evolving market in our latest white paper.