CQS Listed Fund To Launch Next Month

Nov 12 2010 | 2:13am ET

CQS plans to launch its first listed hedge fund on Dec. 15, it said in the new fund’s prospectus.

The London-based firm said it hopes to offer its CQS Diversified through a placement on the London Stock Exchange, both to British institutional investors and international investors. The subscription offer will close on Dec. 9.
 
The listed vehicle will invest in CQS’s existing Diversified Fund, which launched in 2007. The fund of funds, which invests in other CQS funds, has posted a 10% annualized return and is up 22% this year.

RBS Hoare Govett is serving as bookrunner for the placement. The new fund will feature a provision triggering a continuation vote if its shares trade at a discount of more than 5%.

 


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note