EIP launches new CB fund
Hong Kong alternative fund management firm Enhanced Investment Products starts a new fund with $17 million.
Enhanced Investment Products (EIP), the $250 million Hong Kong based fund house run by Toby Bland, has launched a new fund named the Asian High Yield Convertible fund, with initial assets under management of $17 million. This new strategy has a capacity of $300 million.
It is a long-biased fund designed to take advantage of high yields that currently prevail in Asian convertible bonds. The fund has a life of three years, monthly liquidity after one year and an automatic liquidation t…
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