Launches & Closures

CQS unveils new $200m soft-closed CQS ABS Alpha strategy


CQS, the $11.2 billion multi-strategy asset management firm led by Michael Hintze since 1999, has launched a new fund targeting the global asset-backed securities market.

The new CQS ABS Alpha Fund is managed by the firm’s team of ABS specialists led by Alistair Lumsden that also runs the highly successful $2 billion CQS ABS fund – which has been one of the best-performing hedge funds in Europe in the last few years.

The CQS ABS fund, which has been soft-closed for some time, has generated an annualised return of almost 30% since its inception in October 2006, on