RWC multi-asset ranges breaks through £2bn

RWC Partners has seen more than £2bn flow into its multi-asset funds since the first vehicles launched two and a half years ago.

Miles Geldard and Lee Manzi's Strategic Reserve and Global Convertibles Ucits III Sicavs were brought to market in January 2007, followed by Strategic Opportunities in July that year and the RWC Distressed Convertible Bond fund earlier this year. Strategic Reserve builds on low volatility, absolute return style which Geldard has used since 1998, when he was at J.P. Morgan Asset Management. The fund aims for cash plus 3% over the market cycle. Meanwhile Global Convertibles is a long-only convertible bond fund and Strategic Opps is a higher return, less constrained version of Strategic ...