Convert Arb Comeback?

Currently interviewing with a convert arb pod but not too familiar with the space. Would appreciate any feedback. It seems like this is a strategy less likely to be take over by HFTs in the near future but market is smaller than say eq vol or macro products. My main concern is it’s a niche product, but given it’s a mix of credit/equity/vol I’d imagine you can be set up for a decent exit.

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