People Moves

Credit head Finch takes on ABS role at CQS as Lumsden leaves

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Alistair Lumsden, chief investment officer for ABS at $11 billion multi-strategy asset management group CQS and the lead portfolio manager for the last few years of the firm’s highly-successful ABS hedge fund strategies, is leaving the firm.

The reasons for his departure are unclear and it is not known what Lumsden intends to do next. According to an emailed investor note obtained by EuroHedge, CQS has been reassuring investors that its commitment to ABS is unaffected by the move and that it will continue to run its ABS business and strategies as before.

The firm’s 11-strong dedicated ABS team, which