Down big, QFS liquidates macro, fixed income funds
By Rob Copeland
Mon Feb 4, 2013
Fixed income fund had lost money for three consecutive years; firm drops out of Billion Dollar Club.
QFS Asset Management is down to a single hedge
fund, having liquidated its other two strategies following poor
The Greenwich, Conn., firm axed its global macro
and fixed income funds at the end of December following losses
of 11.32% and 9.31%, respectively, in 2012. By comparison, the
Absolute Return Macro Index was up 3.38% for the
year and the Absolute Return Fixed Income Index gained
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