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 performance.

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 8.38%.

That...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now