Sunday, 24 May 2015
Last updated 2 days ago
Sep 4 2008 | 12:45pm ET
U.K.-based quantitative hedge fund shop CQS has launched the CQS Global Volatility Fund with initial assets of US$160 million.
The fund, which focuses primarily on the volatility of equity market indices and of individual equities within the world’s major stock markets, is looking to profit from valuation anomalies in equity volatility and from dislocations in markets. It is targeting net annual returns in excess of 15%.
Andrew Song and Amir Kooros are the fund’s senior portfolio managers and will lead a team of nine derivative investment professionals.
“Volatility trading is a complementary skill set to CQS’ existing strengths in convertibles, credit and equities, and is supported by the infrastructure in risk management and trade processing required to successfully manage volatility strategies,” said CEO Michael Hintze.
CQS manages some US$9.6 billion in assets.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…