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

June 9th, 2013
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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
Point72 Asset Management (SAC Capital)
Related People: ; Douglas Haynes (President); Chandler Bocklage*; Grant Thompson; Michael Hintze; Peter Nussbaum*; Sol Kumin*; Steven A. Cohen; Ted Orenstein*; Tom Conheeney*
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*; Cubist Systematic Strategies; EverPoint Asset Management; S.A.C. Global Investors; SAC Meridian; SAC MultiQuant; Sigma Capital Mgmt; Walter Capital*
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

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