MPC opens top funds to retail market

The funds, which now have UK distributor status, have attracted more than £100m since their launch in January this year. Both are Luxembourg-registered UCITS III SICAVs. They are managed by Miles Geldard and Lee Manzi, who joined the company from JP Morgan Asset Management last year. The pair uses the same investment style employed on their JP Morgan funds. The MPC Global Convertibles fund is invested in a broad spectrum of global convertible bonds. It uses the inherent total return characteristics of convertible bonds to capture much of the upside in equity markets, while aiming ...