CQS launches long/short credit hedge fund

Global hedge fund manager CQS says it is launching a new hedge fund named the CQS Credit Long Short Fund. The fund will begin in April with $100 million under management. The CIO of the fund is Simon Finch, and there will be five people in total working in the portfolio management team, supported by a 15-person research and back office team. CQS says that it perceives wider spreads and increased spread dispersion, especially in single name credits, and that is thanks to the volatili…