IIU Convertible Arbitrage fund launches

The IIU Convertible Arbitrage fund which aims to return between 15% to 20%pa launched on 1 February.

It joins the group's IIU Convertible fund which has been running since March 1997 and takes long positions in convertible bonds, but does not short the underlying equity.

The fund managers are the manager of the existing fund, Paul O'Reilly, who has been with IIU since 1996 and Dara Marnell who joined last October from the convertible trading desk at Allied Irish Bank in London.

The portfolio's

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: