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Welcome to Ferox Capital LLP

Ferox Capital LLP is a discretionary investment manager specialising in generating returns from diversified global convertible bond strategies. The Firm was founded in 2000 by Jeremy Herrmann, Alex Warren and Rupert Mathews.  The Firm runs a number of convertible bond strategies (including long-only and leveraged, UCITS and Cayman, active and systematic) that focus on all parts of the convertible spectrum.  The investment process continues to be managed by Jeremy and Rupert who personally invest heavily in the funds that they manage. Alex remains involved with the investment manager on a non-executive basis.

We believe our exclusive focus on the convertible market by our experienced research team dedicated solely to extracting alpha from the opportunities which arise in the asset class is key to our competitive advantage.  The Firm currently manages assets of around $1.7 billion.

HFM Week European Hedge Fund Performance Awards 2014 for Best Relative Value Fund
Hedge Fund Journal UCITS Hedge Awards 2014 for Best Convertible Bond Hedge Fund
Hedge Funds Review European Single Manager Awards 2014 for Best Convertible Bond Hedge Fund
Acquisitions International Hedge Fund Awards 2014 for UK Convertible Bond Strategy Specialist of the Year
Mondo Alternatives UCITS Alternatives Fund Awards 2014 for Best Relative Value Fund (3 years)


Ferox Capital LLP is authorised and regulated by the Financial Conduct Authority.
Ferox Capital LLP is registered in England and Wales, registration no. OC349411
@ 66 St James's Street, London, SW1A 1NE

Disclosure of commitment to the Financial Reporting Council's Stewardship Code (“The Code”) under FCA COBS 2.2.3R.

Ferox Capital LLP (“The Firm”) is an investment manager based in the United Kingdom and authorised and regulated by the Financial Conduct Authority. We endeavour to apply our approach on stewardship to all companies that we invest in on behalf of our clients. Our approach is consistent with the Firm’s overall aims, which are to provide good long-term performance to our clients, and keeping clients’ interests paramount.

The Firm monitors all investee companies as part of its general investment policy and approach. The Firm takes action in line with its investment objectives where its research of publically available information warrants such action. However, given the nature of our chosen investment strategy, this approach does not include active engagement with UK listed investee companies, nor do we consider that our clients would expect such engagement.
If our investment strategy changes in such a manner that the provisions of the Code become relevant, the Firm will amend this disclosure accordingly.

Pillar 3

Our Products

This web-site is issued in the United Kingdom by Ferox Capital LLP which is authorised and regulated in the conduct of its investment business by the FCA (FCA no. 511342)

Ferox Capital LLP is the general partner of Ferox Capital Management, L.P.

Any investments or investment services mentioned in this web-site are only available to professional clients.

The distribution of the information contained in this web-site in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions. This information does not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors should inform themselves as to applicable legal requirements, exchange control regulations and taxes in the countries of their citizenship, residence or domicile.

This web-site is published solely for informational purposes and has no regard to the specific investment objectives, financial situation or particular needs of any person. Information contained herein is believed to be reliable but no warranty is given as to its accuracy or completeness and views and opinions, whilst given in good faith, are subject to change without notice.

Important Information for Swiss Investors
Ferox Capital LLP does not provide investment advice to Swiss Investors.

The Website is only for Swiss qualified investors within the meaning of Art. 10 Para. 3, 3bis and 3ter CISA.

Salar Fund Plc is represented for distribution in and from Switzerland to qualified investors. The Representative in Switzerland is ACOLIN Fund Services AG, Affolternstrasse 56, 8050 Zürich and the Paying Agent is Aquila & Co. AG, Bahnhofstrasse 28a, 8001 Zürich.

Salar Convertible Absolute Return Fund has been approved for distribution in or from Switzerland by the FINMA. BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich, is the representative and paying agent in Switzerland. The Prospectus and the key investor information documents for Switzerland, the articles as well as the annual and semi-annual reports may be obtained free of charge from the representative and paying agent in Switzerland.

No other Funds mentioned on this website are available for distribution in and from Switzerland and Swiss Investors are not eligible to invest.

Important information for US Persons

The offering, sale and/or distribution of many of the products or services described on this website is not intended  in any jurisdiction to any person to whom it is unlawful to make such an offer, sale and/or distribution, including the United States. If you intend to obtain any product or service from Ferox Capital LLP ('Ferox) that is described on this web site, you must first inform Ferox whether you are a US Person or if you would not be allowed to obtain such products or services from Ferox in your home jurisdiction.

This website and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or a solicitation of any offer to sell any securities or any other banking product or service to US Persons. Any brokerage and investment advisory services described herein are not intended for U.S. Persons.  Furthermore, any solicitation on this web site of retail banking services (including accepting and/or soliciting deposits), insurance services, mortgage and/or consumer lending services or credit card services is not intended for U.S. Persons.
'US Persons' are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed 'US Persons' under certain rules.

Neither Ferox nor any of its affiliates accepts any liability whatsoever for any loss howsoever arising from any use of this website or its respective contents or otherwise arising in connection therewith. Ferox cannot be held responsible for any damages or losses that occur from transactions and/or services in defiance of the relevant rules of the purchaser’s home jurisdiction. 

General Information

The entire contents of the Internet site (the "site") are subject to copyright with all rights reserved. You may download or print individual sections of the site for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of Ferox Capital LLP ("Ferox Capital"). You must not transmit any virus, "worm", "Trojan horse", or other item of a destructive nature to the site and it is your responsibility to ensure that whatever you download or select for your use from the site is free from such items.

Where a link to a non-Ferox Capital LLP web-site exists, Ferox Capital does not accept responsibility for the content of such site nor the products, services or other items offered through that site.

This site is established in England by Ferox Capital LLP in accordance with and shall be governed by, and your browsing in and use of the site shall be deemed acceptance of, the laws of England and Wales. A condition of using the site is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the English Courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

Each time you use the site, a condition of use is that you comply with the above terms.

Ferox Capital LLP
66 St James's Street

Registered No: OC349411