Mirabaud Asset Management has further bolstered its fund manager line-up with the addition of convertibles specialist Nicolas Cremieux from Dexia Asset Management.
Cremieux is set to join Mirabaud in the middle of August at its Paris office. He will work alongside Renaud Martin, head of convertible bond management for Mirabaud.
Initially, Cremieux will be managing analyst on international convertible bonds and support Martin in the management of the Mirabaud Convertible Bonds Europe fund.
The pair will then work on the development of a global convertible bond fund, which currently exists in an internal ‘incubator’ portfolio. This is with the aim of launching the fund in autumn 2013.
Commenting on the hire, Martin said: ‘Nicolas’ knowledge of the American and Asian convertible bond markets will strengthen our area of expertise and will help us further develop our convertible bonds outstanding, an asset category for which we have high ambitions.’
Prior to joining Mirabaud, Cremieux had spent 13 years at asset management firm Dexia. He had served as a senior manager on the Dexia Bonds Global Convertible Optimum and Dexia Bonds Europe Convertibles fund.
The arrival of Cremieux is the latest in a series of fund manager hires for the Swiss asset management firm, with the latest of these seeing the former AXA Framlington equity income specialist Anu Narula joining last week.
Narula’s appointment follows similar senior fund manager additions in the shape of Fatima Luis from F&C, former BlackRock emerging markets specialist Daniel Tubbs from BlackRock, Aviva’s high yield specialist Andrew Lake and Pierre Pinel from BNP Paribas.