Artradis' convertibles fund gains traction


Artradis Fund Management's Asian convertible bond fund is up a hefty 12.07% in the first three months of inception and is seeing steady inflows, given that the trickle of allocation this year is largely into CBs/high yield/credit strategies from institutional size managers.

Fund assets have grown to $70 million, from $55 million at launch in October, and buoying the performance has been the fact that the Asian convertible bond asset class has seen quite a comeback in the past two to three months. The firm's assets stand at around $4 billion.

Singapore-based Artradis is headed by Richard Magides