New York, July 1 - The UBS Warburg global convertible index lost 2.2% in June, taking its year-to-date performance into negative territory with a 1.8% loss for 2002 so far.
However some of the sub-sectors have done far worse: the U.S. mandatory component lost 9.2% in June and is down 18.4% year to date while the U.S. below BBB and non-rated component lost 8.3% in June and is down 13.2% year to date.
The U.S. overall portion lost 5.9% in June and is down 8.1% for the first six months while in euro terms, the European component dropped 2.9% in June and is down 4.9% so far this year.
| June 28 | May 31 | Change | Dec. 31 | YTD change
|
| Global Convertible Index | 130.6 | 133.5 | -2.2% | 133 | -1.8%
|
|
|
| European (€) | 128.9 | 132.8 | -2.9% | 135.5 | -4.9%
|
| US | 144.3 | 153.4 | -5.9% | 157.1 | -8.1%
|
|
|
| US Vanilla | 146.4 | 154.5 | -5.2% | 155.9 | -6.1%
|
| US Mandatory | 142.4 | 156.8 | -9.2% | 174.6 | -18.4%
|
|
|
| US Invest Grade | 134.6 | 140.1 | -3.9% | 140 | -3.9%
|
| US Sub BBB & nr | 142.8 | 155.8 | -8.3% | 164.5 | -13.2%
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
