Howard Fischer, one of the big names in the convertible bond
industry, who runs the highly regarded $1 billion SoundShore
fund, has been given greater independence from Stamford-based
DKR and will launch his own range of funds. The first of
Fischer's new suite of funds is likely to be a credit fund.
The move to give Fischer's firm, Basso Securities, greater
autonomy in the confederation of funds that...