The underlying philosophy is this: It is all about risk management from the perspective of my investors, myself as well as the issuing companies and their shareholders… Take a one-tonne stone and throw at you, you will die. But take a tonne worth of stones and throw at you, you won’t die — you will learn to defend yourself and become stronger.
Tan Choon Wee
Founder and Managing Director
Advance Capital Partners
Find out more about “death spiral” convertible bonds in
“Convertible notes, unfairly maligned, help fund small caps, says ACP’s Tan”
on page 18 of The Edge Singapore (week of June 27 – July 3), available at newsstands now.