|Pictet Funds announced today that it is launching a convertible bond UCITS III fund in partnership with Jabre Capital Partners, which is an asset management firm that was founded by Phillipe Jabre in 2007. The new fund, PF(LUX) – Convertible Bonds, will officially launch on February 1st and will invest globally with a concentration on large-cap companies. The fund will typically allocate 40% of its investments to North American companies, 40% to European companies and the remainder throughout the rest of the world.|
Philippe Jabre will serve as the convertible bond fund’s lead portfolio manager. Before founding Jabre Capital, Mr. Jabre was a founding partner of GLG Partners.
Mr. Jabre is supported by JABCAP’s experienced research team, which has expertise in both the equity and credit markets. When screening for investment ideas, JABCAP’s investment team utilizes quantitative screens and models, prospectus analysis, scenario modeling, as well as the use of sell-side and proprietary fundamental research.
Pictet Funds is headquartered in Geneva, Switzerland and is a leading independent asset management bank that offers over 100 investment funds worldwide.