Citywire - For Professional Investors

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Credit star Smouha: how to play the clamour for CoCos

Contingent convertibles could prove an attractive hunting ground in a rising rate market, but the weaker ‘investment protection language’ should act as a warning about the possible risks, Citywire A-rated manager Anthony Smouha has said.

Smouha, who runs the GAM Star Credit Opportunities fund, said he is finding opportunities among issuers from financials sector but is more greatly focused on older subordinated bank debt.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.