Sunday, 28 August 2016
Last updated 1 day ago
May 19 2014 | 3:03pm ET
Hedge fund CQS has hired a head of Asian credit, and isn't done bolstering its team in the region.
The London-based firm named Value Partners veteran Fawaz Habel to lead its credit operations in Hong Kong. Habel is joined by an analyst from Value, Tan Yi-Kai.
But those won't be the only new faces at CQS' Hong Kong office. Firm founder Michael Hintze told Asian Investor that the firm is "looking to build out our research, operations and execution capabilities, across equities, fixed-income and to a degree macro. We'll do so opportunistically."
Hintze said the 16-strong team plus any new hires would focus on convertibles, long/short credit, equity long/short and short-duration assets, as the "return to more volatile market conditions should favor" those asset classes.
"I see a lot of opportunity from the distortions created by regulation and central bank actions," he said. "We are in a fascinating market environment."