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Ferox names JP Morgan convertibles head

Ferox Capital Management has hired the head of convertible bonds at JP Morgan, just days after the London-based hedge fund manger launched a $100m (€64.7m) fund for investments in the convertibles market.

Ferox, a convertible bond specialist hedge fund, has appointed David Persaud from JP Morgan, where he was a managing director in charge of its convertibles business.

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