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Komfie Manalo, Opalesque Asia: Credit hedge fund manager CQS Investment Management Ltd. is said lose its London-based portfolio manager Simon Finch, making him the latest executive of the firm to leave the company this year, reported Bloomberg.
Simon Finn, who led a unit buying distressed debt in Europe, is one of at least 12 people who have departed the $12bn hedge fund firm run my Michael Hintze.
Finn, who joined CQS in 2004, ran the Credit Multi Asset Fund. The long-only fund that was up 5.2% YTD through August (and up 3.6% in 2015).
Bloomberg reported in April that Christopher Callan, a foreign-exchange trader who moved to CQS from Moore Capital Management last year, loan trader Kashem Rahman, Leila Kotlar-Bouget, global head of client services, and money managers Simon Finn and Amir Kooros had left the firm.
CQS was founded in 1999 and trades asset-backed securities, credit, convertibles, loans and equities from offices in London, New York and Sydney.
Sir Michael Hintze told investors in August the macroeconomic backdrop for credit markets is "more concerning" than he'...................... To view our full article Click here
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