|The strong stock market has compelled London-based CQS Management to launch its first long/short equities fund to be managed by former SAC Capital hedge fund manager, David Morant. According to Reuters, the $12 billion hedge firm, which manages the streaking CQS Directional Opportunity Fund (up 36 percent in 2012 and 7.6 percent year-to-date), plans to capitalize on a growing investor appetite for equities, however, no dates have been given for the launch. |
The strong performance in the stock market is attracting more investors to equity strategies and the long-short strategy has traditionally been one of the more popular strategies among hedge fund investors. The new fund, the CQS European Equity Long-Short Fund, will borrow from the successful Directional Opportunities Fund in its stock picking strategies.
|Hedge Fund Lists|