Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

RWC replenishes convertibles team after co-manager’s departure

RWC replenishes convertibles team after co-manager’s departure

Star convertible bonds manager David Basile has strengthened his team at RWC after losing his co-manager.

Lakshman Harendran was named in November as joint lead manager with Basile of the RWC Core Plus fund, but has now left the firm.

Harendran moved to RWC from Morgan Stanley in 2010, reuniting with his former colleague Basile.

Basile has now added two further analysts to his team: Laro Escalada from UBS and Uday Sikand, an internal promotion.

They will work alongside existing analysts Michelle Shi and Esther Watt.

Citywire A-rated Basile currently runs three convertible bond strategies: RWC Asia Convertibles, RWC Core Plus, and RWC Global Convertibles.

The flagship £1.3 billion Global Convertibles fund has returned 19.6% over the past three years, compared with a peer group average of 18.2%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Davide Basile
Davide Basile
11/20 in Bonds - Convertibles Global (Performance over 3 years) Average Total Return: 26.26%
Citywire TV
Citywire TV
Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Play Japan's slump, the umbrella revolution and the battle for Brazil

Japan's slump, the umbrella revolution and the battle for Brazil

With the arrows of Abenomics appearing to be missing their targets and political uncertainty rife in Hong Kong and Brazil we take a look at investor sentiment in this week's Investment Pulse

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter