Description:Convertible arbitrage: risk, return and performance by. Mark C. Hutchinson BSc MSc. T h e s is s u b m it te d f o r th e d e g r e e o f D o c t o r o f P h ilo s o p h y. January 2006. Supervisor: Professor Liam Gallagher. D C U B u s in e s s S c h o o l,. D u b lin C it y U n iv e r s i t y