Ferox, the $1 billion global convertible bond specialist led
by Jeremy Herrmann, is planning to launch a UCITS convertible
arbitrage hedge fund in July - joining the growing list of
leading hedge funds in a growing range of strategies that are
adopting the UCITS format.
The new launch will broaden the firm's range of investment
strategies focusing on the global convertible bond markets -
joining the long-running Ferox Fund flagship CB arb strategy,
the Ferox Bear short-biased fund and the UCITS-compliant
long-only Salar product.
The new Salar Convertible Absolute Return Fund will be
managed by Alex Warren, a founding partner of Ferox, and fellow
partner David Persaud - who...