Thursday, 27 October 2016
Last updated 54 min ago
Feb 19 2013 | 9:29am ET
CQS has launched a new long-only fund for institutional investors.
The $12 billion London-based hedge fund said its Credit Multi-Asset Fund would invest across the credit spectrum, with convertible bonds, high-yield debt and asset-backed securities all included in the portfolio.
The fund hopes to return between 4% and 5% over LIBOR over the course of its investment cycle. It will initially focus on European opportunities, the firm said.