Mirabaud hires second convertible bond specialist for new fund

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Mirabaud Asset Management has hired Nicolas Cremieux from Dexia Asset Management to support Renaud Martin in the management of the £166.8m Mirabaud Convertible Bonds Europe fund.

Cremieux joins on the 19 August and will be working with Martin, head of convertible bond management, at Mirabaud’s Paris office.

He will be the managing analyst on international convertible bonds and also participating in the launch of a global convertible bond fund currently being prepared by Mirabaud.

The new global fund is scheduled to be launched as a Ucits fund later in 2013.

Cremieux has worked for Dexia AM since 2000 holding various positions, recently as senior manager of the Dexia Bonds Global Convertible Optimum and Dexia Bonds Europe Convertible funds.

Mirabaud head of asset management Lionel Aeschlimann says: “We are building our expertise in convertible bond management to bring it in line with our growth in this sector. This strong commitment to our investors applies to all our areas of expertise in investment management.”

Martin adds: “Nicolas’ knowledge of the American and Asian convertible bond markets will strengthen our area of expertise and will help us further develop our convertible bonds outstanding, an asset category for which we have high ambitions.”