Polar Capital Global Convertibles Class I - Income (GBP)

David joined Polar Capital in 2011 and leads the credit and convertible bond research for the Global Convertible Fund. David began his career at Barclays Capital in London where he set up and ran their US convertible bond proprietary trading book. Here, in addition to trading and managing the portfolio, David was also in charge of all US-based proprietary convertible research. In 2007 he moved to CQS, then a US$7bn multi-asset hedge fund, to co-run their US convertible bond positions. David has also interned as an economic researcher for the United Nations in their Department of Economic and Social Affairs where, during his time, he authored a report on fostering equity market development in emerging economies as part of the agency's Financing for Development initiative. Academic qualifications: BA (magna cum laude) in Economics, Bowdoin College, Maine; MA in International Economic Policy, Columbia University; MBA, Columbia University. Industry experience: 20 years.

David joined Polar Capital in October 2010 to establish the Global Convertibles team and is co-manager of the ALVA Global Convertible Fund and the Global Convertible Fund. He has 30 years' experience in trading and managing convertible bond portfolios. David began his career at Salomon Brothers International in London and New York. In 1987 he joined BNP-Baii to become a convertible bond portfolio manager. At the time Baii was widely regarded at the leading convertible investment house in London. In 1996, after nine years at Baii, he moved to take a more senior role at Schroders within the convertible bond sales, trading & origination team. Following the takeover in 2000 of Schroder Investment Bank by Citigroup, he was asked to co-form the Citi/Schroder convertible hedge team, which as a part of the wider Citi CB team became the No.1 ranked convertible origination and trading team in London. In 2002 he returned to the buy-side and until 2004 managed the Zelengora Capital (Paloma) European convertible bond portfolio. That same year he established and managed the ORN Capital convertible bond fund. In 2006 he joined New York-based hedge fund Vicis Capital to establish and manage their international convertible portfolio and develop their London business. From August 2007, David led Vicis Capital (UK) as co-CEO. At its peak, Vicis' AUM was $5.8bn. David is a Fellow of the Chartered Institute for Securities and Investment and holds a Civil Engineering Honours degree.

Stephen joined Polar Capital in October 2010 and is co-manager of the Global Convertible Fund and the Global Absolute Return Fund. Prior to moving into convertible trading, Stephen was a research analyst at Tucker Anthony. In 1993 he became a partner in Forum Capital Markets, eventually joining Paine Webber in 1994 where he went on to manage their convertible department until 1998. He was a senior member of the convertible sales team at Morgan Stanley before establishing and managing Valmiki Capital Management in 2005. The following year, he moved to Moore Capital where he, as a member of a three-person team, managed a $1bn global long/short equity portfolio before joining Vicis Capital to manage the US convertible bond portfolio in 2008. Academic qualifications: BSc in Finance, Providence College, Rhode Island. Industry experience: 36 years.