CQS has added a former Barclays Global Investors' credit manager to its own fixed-income team.
The London-based firm named Dhruv Mallick a portfolio manager on its credit team. He'll focus on the U.S.; Mallick has worked out of BGI's San Francisco headquarters, where he ran long/short credit strategies for the BlackRock unit.
"We are pleased to have been able to attract someone of Dhruv's caliber," Simon Finch, chief investment officer for credit at CQS, said. "Over the last 12 months we have seen strong growth in assets under management in the credit long/short strategies to over US$700 million, and he brings with him a depth of experience in U.S. markets that we believe will be additive to the team and our existing skill set.