Market’s Measure Podcast: Using Convertible Securities To Do Good — For Portfolios and For People

Convertible securities are hybrid investments that offer yields and the potential repayment of par value like bonds with the option of transforming the investor’s exposure to common equity. Index-tracking exchange traded funds targeting the convertibles market have been around for years, but have lately been fraught with concentration risk.

In this episode, Brad Zigler, WealthManagement’s Alternative Investment Editor, welcomes Edward Rosenberg, Senior Vice President and Head of ETFs at American Century Investments together with Rene Casis, Vice President and Portfolio Manager of the American Century Quality Convertibles ETF (QCON), to discuss the place actively managed convertibles exposure has in a well-diversified portfolio.

 Brad and his guests discuss:

How convertible securities provide equity market exposure at reduced risk.

How active management of a converts portfolio can adjust for market conditions.

How an investment in QCON can also benefit cancer patients.

Resources:

American Century Investments

Connect with Brad Zigler:

Brad Zigler

Connect with Edward Rosenberg:

LinkedIn: Edward Rosenberg

Connect with Rene Casis:

LinkedIn: Rene Casis

About our guests:

Edward Rosenberg is senior vice president and head of exchange-traded funds for American Century Investments®. Before joining American Century Investments in 2017, Edward was a senior vice president and head of ETF capital markets and analytics at Northern Trust’s FlexShares. Previously, he was director and head of capital markets and analytics at Russell Investments. Prior to that, Edward was an ETF product manager at Vanguard. Edward holds a bachelor’s degree in business administration from Muhlenberg College and a master’s degree in business administration from Pennsylvania State University. 

Rene Casis is a Vice President, Portfolio Manager for American Century Investments®. Mr. Casis joined the company in 2018. Prior to joining American Century Investments, he was a partner at 55 Institutional Partners, where he was a member of the firm’s senior management team responsible for oversight of portfolio management and trading. Previously, he was a director for iShares, where he served as an investment strategist and senior portfolio manager. Casis worked at BlackRock for 19 years, including his tenure at Barclays Global Investors. Mr. Casis earned a bachelor’s degree in economics from the University of California, Santa Barbara.