Sculptor Capital Management reposted this
There are many ways that we believe the “higher for longer” rate regime has played to our strengths. In convertible arbitrage, the flood of issuance YTD, combined with the retrenchment of long only demand, has given rise to a rich opportunity set globally. We have been able to deploy meaningful capital both in the primary market to help fund the corporate need, as well as the secondary market where we believe relative cheapness exists. https://bit.ly/3VLtrHU