PENELOPE DUGAS AND CYRIL BATKIN BECOME CONVERTIBLE PORTFOLIO MANAGERS 

As of 31 March 2023, Pénélope DUGAS will become convertible portfolio manager - analyst and Cyril BATKIN convertible portfolio manager - trader, under the responsibility of Sébastien CARON and Nicolas SCHRAMECK.

Penelope joined Ellipsis AM in 2019 as a dedicated analyst specialising in the convertible asset class, and Cyril has been responsible for convertible trading within the team for the past two years.

Ellipsis AM is a leading convertible portfolio manager since 2003.

The Convertibles & Credit division manages €1 billion as at 31 March 2023, with 3 open-ended funds (Ellipsis European Convertible Fund, Ellipsis Global Convertible Fund and Ellipsis Disruption Convertible Fund) as well as mandates and dedicated funds on behalf of European institutional investors.