Reuters – Hedge fund firm CQS is planning to launch its first so-called long-short equities fund, a source familiar with the plans said, as it looks to seize on a recovery in investor demand for managers who bet on shares both rising and falling.
London-based CQS, which manages $12 billion in assets, already invests in equities as part of its flagship Directional Opportunities fund, but is best known for playing in credit markets.
