SGÆs new convertible

BAREP Asset Management, a wholly-owned subsidiary of Societe Generale, has launched BAREP Convertible Arbitrage Enhanced, an Irish qualified investor fund. The new fund will build on the management process of BAREP Convertible Arbitrage (BCA), but will aim for higher return with a higher risk profile. The target is a performance of 15% per annum return with a volatility of 5%. The fund is available on a private placement basis.