Our approach

In our view, active management of convertibles is best achieved by a dedicated, specialist team with the experience to exploit the inefficiencies inherent in the market. The team combines a top-down and fundamentally driven, bottom-up approach with the flexibility to invest globally to help capture these inefficiencies and pricing anomalies.

Potential benefits

As a liquid alternative, our convertibles-based strategies can have numerous advantages when included in a balanced portfolio.

Specialist team

Specialist global convertibles portfolio managers with over 60 years of combined experience.

Active global approach

Global investment approach with high active share, seeking to capture inefficiencies and pricing anomalies to generate higher risk-adjusted returns.

True alternatives

Long-only and absolute-return convertible-bond strategies offering investors the potential for uncorrelated returns, portfolio diversification and low volatility.

Key risks

For further information on the risks and risk profiles of our funds, please refer to the relevant KIID and Prospectus.

Investment and currency risk

The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.

Convertible securities risk

Convertible bonds can earn less income than comparable debt securities and less growth than comparable equity securities, and carry a high level of risk.

Credit and interest rate risk

Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.

Derivatives risk

Investments can be made in derivatives, which can be complex and highly volatile. Derivatives may not perform as expected, meaning significant losses may be incurred.

Illiquid securities risk

Some investments could be hard to value or to sell at a desired time, or at a price considered to be fair (especially in large quantities), and as a result their prices can be volatile.

Sustainability risk

The level of sustainability risk may fluctuate depending on which investment opportunities the Investment Manager identifies. This means that the fund is exposed to Sustainability Risk which may impact the value of investments over the long term.

Global convertibles strategies

Aviva Investors Global Convertibles Strategy

An actively managed, long-only strategy that aims to capture the asymmetric return profile of balanced convertible bonds.

Aviva Investors Global Convertibles Absolute Return Strategy

A market-neutral strategy targeting steady returns with low volatility in all market conditions.

Global convertibles team

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Access key fund documentation and performance reports.

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Need more information?

For further information, please contact our investment sales team.

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