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RWC Core Plus B EUR

Ranked 4 out of 6 in - Convertibles over 12 months
All calculations are in EUR unless stated

Managed by

Davide Basile

Davide Basile graduated from the Imperial College where he gained a degree in Material Science Engineering. He was an employee at Morgan Stanley from 2001 working both within Private Wealth Management and the Investment Management Division. From 2005 until he left to join RWC where was responsible for the management of the convertible bond accounts with peak assets and the institutional convertible bond accounts. From 2003 to 2005 Davide worked on the Morgan Stanley Convertible Bond Funds. Prior to this he worked within the investor strategy group at Morgan Stanley Private Wealth Management where he was involved in the use of derivatives for portfolio protection.

Esther Watt


To achieve a return in excess of the money markets, in the Sub-Fund Reference Currency, over a three year time horizon. To achieve the above objective, the Investment Manager will adjust asset allocation and country exposures to reflect market conditions and opportunities. This top-down positioning will be combined with bottom-up security selection. The Sub-Fund may invest in money market instruments, deposits with credit institutions, notes, bonds, convertible bonds, equities and warrants. The Sub-Fund portfolio may, at times, be concentrated in one or several types of assets and/or countries.

Showing fund performance in Luxembourg View performance globally


Convertibles over : 28/02/2017 - 28/02/2018
  • Rank 4/6 Total Return
  • Rank 1/6 Standard Deviation
  • Rank 1/6 Max Drawdown
Fund Name Currency Return
2 Candriam Bonds Convertible Opportunities I Cap EUR


3 GAM Star (Lux) Convertible Alpha C EUR EUR


4 RWC Core Plus B EUR EUR


5 Crystal Investissement EUR


6 Aviva Investors Global Cnvs Abs Rtn Ih EUR

Currency exposure is hedged

Currency exposure is hedged



Fund Name Currency Risk
1 RWC Core Plus B EUR EUR


2 Crystal Investissement EUR


3 Aviva Investors Global Cnvs Abs Rtn Ih EUR

Currency exposure is hedged

Currency exposure is hedged



4 GAM Star (Lux) Convertible Alpha C EUR EUR


5 Candriam Bonds Convertible Opportunities I Cap EUR


Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 2.7% 0.7% 0.6% 1.3% 0.1%
2016 0.8% -1.7% -0.1% 2.6% 0.1%
2015 2.6% 2.4% 0.2% -1.3% 1.2%
2014 2.9% 1.1% 0.6% -0.3% 1.4%
2013 1.6% -0.4% -0.4% 0.2% 2.1%
2012 -0.6% -0.5% -0.1% 0.4% -0.4%
2011 -0.1% -0.6% -0.4% 1.9% -0.9%
2010 2.0% 1.1% -1.1% 1.7% 0.3%
2009 4.4% 1.3% 1.7% 1.0% 0.4%
2008 1.0% -0.2% -1.3% 0.1% 2.4%
2007 6.1% 3.1% 1.5% 0.6% 0.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany
  2. Italy
  3. Luxembourg
  4. Sweden
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date29/12/2006
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN LU0281101468

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0


Related News

A-rated PM gets conservative with convertibles

RWC’s Davide Basile says current market conditions are playing to the strengths of convertible strategies.

A-rated manager: tech to benefit from rising M&A activity

RWC’s Davide Basile says is favouring the tech sector and highlights the sectors he is cautious on.

RWC replenishes convertibles team after co-manager’s departure

Citywire A-rated David Basile opts to bolstered unit after his co-manager departs London-based firm.

RWC alters global macro strategy to include converts

Investment firm installs permanent replacements for duo which left over the summer while adding convertibles focus to the strategy.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).