CQS Management hires Former SAC Capital Hedge Fund Manager for new Long/Short Hedge Fund

June 9th, 2013
| More
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.
For Detailed Investor Profiles on these Investors, click below:
CQS Management Limited
SAC Capital Advisors
Related People: Grant Thompson; Michael Hintze; Steven A. Cohen
Related Entities: Canvas Capital; CQS (UK) LLP; CQS Convertible and Quantitative Strategies Fund; CQS Credit Long/Short Fund; CQS Investment Management Limited; CR Intrinsic Investors; S.A.C. Global Investors; SAC Capital Associates; SAC Meridian; SAC MultiQuant; SAC Select; Sigma Capital Management; Walter Capital Management*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings; Featured Reports; Hedge Fund Launches and Hedge Fund Closings


More Recent Headlines

Beau Taylor’s Taylor Woods Capital bounces back with strong First Quarter

Top Hedge Funds rise by $120 Billion, Up 20% Year-to-Date

Embattled SAC Capital Advisors Bracing for Mass Exodus of Investor Funds

JPMorgan prop trading veteran Deepak Gulati launches Argentiere Capital AG

Arrowpoint Partners Draws High Profile Janus Capital Group Traders

Interest Macro Hedge Funds Falling – At Exactly the Wrong Time?

Top Emerging Hedge Fund Managers Rise to New Heights, Report Equity Assets of $45 billion

Top Healthcare, Pharmaceutical and Biotechnology Focused Hedge Funds Revealed: Oversee nearly $28.7 Billion in Equity Assets

Tim Hortons’ Investors Skeptical of Highfields Capital’s Activist Proposals

Top Tech, Media & Telecom Hedge Funds prefer Apple, Equinix, Pandora Media & Shutterfly