Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

CQS launches new long-only global convertible bond UCITS fund

Tuesday, March 17, 2015

Komfie Manalo, Opalesque Asia:

Multi-strategy asset manager CQS announced the launch of a new long-only Global Convertible Bond Fund as the firm expands its capabilities in the UCITS space.

James Peattie, the head of long only convertibles of the CQS Global Convertible Fund, commented on the launch, "The excellent long term risk-adjusted returns delivered by convertibles makes them a valuable asset class for long term investment. The current investment opportunity set is strong, with a healthy new issue market and a good range of idiosyncratic opportunities. We believe that this new fund is well placed to meet the needs of investors who are increasingly seeking exposure to effective strategies via regulated UCITS vehicles."

Peattie said that the CQS Global Convertible Fund would be available to investors via the firm’s new UCITS platform, which is registered in Ireland and regulated by the Central Bank of Ireland. The fund will invest across the global convertible bond universe. It will take 50-70 positions and target annualized net returns of 6-8% over the full market cycle while seeking to minimize annualized volatility to 5-7%.

The fund will be managed by Peattie who has more than 30 years’ experience in the convertible market. He will be supported by a team of highly experienced portfolio managers, analysts and traders.......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1