New CQS Fund Veers from Mainstream for Returns

(Bloomberg) What’s the best recipe for making money after a huge global equities rally? One bet is to ignore the lures of a herd mentality. “We’re allergic to fashionable stocks. I’ve never been invested in Apple, Facebook, Netflix,” Raphael Pitoun, pegged to run a new international growth fund at one of Europe’s largest hedge funds, said in a phone interview.

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