New Capital appoints Paulus De Vries as portfolio manager

New Capital Global Convertible Bond fund

New Capital, the mutual funds arm of EFG, has appointed Paulus De Vries as a portfolio manager at the firm.

De Vries will serve as co-portfolio manager of EFG Asset Management's $289m New Capital Global Convertible Bond fund, which aims to achieve long-term appreciation and income through capital growth. De Vries will be working with Xavier Linsenmaier, who has managed the fund since launch in December 2019. He joined the firm from DWS Frankfurt, where he was global head of convertible bonds for and lead fund manager on the DWS Invest Convertibles fund. Prior to that, he was managing director at Jefferies International London, and has also held roles at Credit Suisse, KBC Financial Produ...