Ellipsis Asset Management, a subsidiary of the Kepler Cheuvreux group and a European leader in convertible management, announces the acquisition of the convertible bond management business of Edmond de Rothschild Asset Management [1].
Article also available in : English | français
This strategic acquisition allows Ellipsis AM to strengthen its position as a key player in the convertible bond management field. The acquisition positions Ellipsis AM among the top five asset management firms in Europe in the convertible segment.
The transaction involves the transfer of two portfolio managers to Ellipsis AM, Cristina Jarrin and Mikael Dauvert, who will enhance Ellipsis AM’s specialised team with over 20 years of history. Ellipsis AM’s convertible team currently comprises four portfolio managers.
The transition will be carefully managed through close collaboration between Ellipsis AM and Edmond de Rothschild AM to ensure seamless service continuity for investors.
To meet its private clients’ convertible bond needs, Edmond de Rothschild can now rely on Ellipsis AM as a preferred partner. This transaction includes the establishment of a distribution partnership for Ellipsis AM funds with Edmond de Rothschild Private Bank.
Next Finance , April 4
Article also available in : English | français
[1] The acquisition is subject to obtaining the applicable regulatory approvals.
The recent CTA performances encourage institutional investors to more closely monitor this type of hedge fund. Thus, according to Preqin, 52% of them wish to increase their exposure to this type of alternative strategy this year (vs 14% last (...)
News Feed | |
Jobs & Internships | |
Trainings |