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Opalesque Exclusive: Convertible bond hedge fund house Ferox hires JPMorgan`s David Persaud Ferox Capital Management (“Ferox”), the London-based convertible bond hedge fund specialist, today announces that it has hired former JPMorgan convertible bonds head David Persaud as it continues to expand its business.

Persaud spent 10 years at JPMorgan where he was an MD overseeing the convertibles franchise during a period in which that bank regularly topped the league tables as an underwriter for new issues.

The convertibles market has remained open as a source of finance for companies, even at the height of the credit crisis. In recent weeks a spate of new issues has highlighted the attractiveness of this asset class, both to issuers and to companies like Ferox that specialise in convertible bond investments… Enquiries: Ferox +44 020 7947 0000

See our recent Opalesque Exclusive: Ferox is launching new global convertible bond arbitrage fund to play on current levels of theoretical cheapness Source

Schroders hires Ronald Albahary to Strategic Investment Solutions Schroders, the $259 billion global asset manager, announced the hire of Ronald Albahary, CFA, 40, to lead the growth of Schroders’ Strategic Investment Solutions initiatives in North America.

Mr. Alb......................

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