BlueBay launches fund for investors who understand cocos

New fund will focus entirely on contingent convertibles: apply only if you understand bail-ins and write-downs

TAGS: BlueBay

Comment by: Anonymous. Posted 9 years ago [2015-01-17 18:17:11]

In reading about this "strategy targeting hybrid bank capital," I wondered if the fund would be short rather than long the cocos. That raises a question: is it even possible to short the cocos? That is, is it possible both in practice and in statute to borrow and sell them?