Axa Investment Managers' Structured Asset Management division (SAM) has launched a convertible arbit...
Axa Investment Managers' Structured Asset Management division (SAM) has launched a convertible arbitrage fund in Dublin. Investment Week's sister paper Hedge Funds Review has learned the group plans a high profile launch of the fund, Axa Vega, early this year. Its principal software supplier, Paris-based Sophis, announced the launch in a release describing a deal between the two firms. An Axa spokesperson played down the release, adding Axa Vega has already begun trading, albeit with seed capital only. Sophis' software will cater for all of the fund's front and middle-offi...
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