Independent investment firm RWC Partners has rolled out a Ucits III Asia Convertibles fund, Financial Times reports. Davide Basile, who is partner and head of convertibles at RWC, will serve as lead manager of the fund.
The product focuses on convertible bonds issued by companies based in Asia or those deriving the predominant part of their earnings from the region. The offering will partly invest in smaller, less liquid issues in the region and be capped at $300 million.
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