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Polar Capital Global Convertible Portfolio Class I - Income (Hedged GBP)

Sell:883.00p Buy:883.00p Change: 2.00p (0.23%)
Prices as at 22 July 2024
Sell:883.00p
Buy:883.00p
Change: 2.00p (0.23%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 July 2024
Sell:883.00p
Buy:883.00p
Change: 2.00p (0.23%)
Prices as at 22 July 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

Our view on the sector for this fund is not available.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

23/07/19 to 23/07/20 23/07/20 to 23/07/21 23/07/21 to 23/07/22 23/07/22 to 23/07/23 23/07/23 to 23/07/24
Annual return 6.65% 12.34% -17.82% 3.12% 7.74%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: David Sugarman
Manager start date: 1 February 2022
Manager located in: London

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.

manager photo
Manager Name: David Keetley
Manager start date: 2 September 2013
Manager located in: London

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.

manager photo
Manager Name: Stepen McCormick
Manager start date: 1 August 2013
Manager located in: London

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.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account