| 24.07.2009 Opalesque Exclusive: Amida Capital says favourable period for convertible arbitrage, relative value ahead, Special Opportunity Fund up 28.30% YTD |
| David Rich, Amida Capital Management's CIO said in an email obtained by Opalesque that the markets would be entering a very favourable period for convertible arbitrage as well as relative value. "Returns are usually cyclical and tend to improve in periods when markets move from an inefficient environment to one where value is more readily recognized. Arbitrage has had a good run YTD but the reason |