Julius Baer to bring convertible bond fund to UK

Julius Baer is set to launch its actively-managed global convertible bond fund into the UK retail sp...

Julius Baer is set to launch its actively-managed global convertible bond fund into the UK retail space. The Luxembourg-domiciled Global Convert Bond fund seeks long-term, above-average returns with maximum capital protection and minimal credit risk by holding investment-grade bonds, mainly from developed countries. The fund adopts a two-pronged defensive and tactical strategy. To benefit from a bull market, bonds can be converted into a set amount of a company's equity, at a predetermined price, at designated points during the bond's term, while the bond component provides capital pro...