BlueBay launches Global Convertible Bond fund

The fund will invest in convertible bonds benchmarked against the UBS Convertible Global Focus index. BlueBay believes the current point in the economic cycle affords active managers a great opportunity to give long-only investors exposure to an asset class harnessing the defensive properties of fixed income to the upside potential of equities. The universe of convertible bonds is extensive, with $400bn market cap and over 2,000 outstanding issuers. Led by Mike Reed, the fund will be managed by the convertibles team, working closely with BlueBay's proprietary credit analysts covering ...