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Glenmede Backs Credit, Defensive Plays
04/03/2009
Gordon Fowler, cio of Glenmede, is overweighing distressed debt and using convertibles to hedge. Fowler told PAM that convertibles and call-writing strategies in particular can capture favorable option prices amid volatility.
"It's certainly a mixture of defense and offense. And in essence, we're finding good defensive assets, such as convertibles," said Fowler. In addition, Fowler has seen ...
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