UK - CQS, a London-based hedge fund, has revealed it will acquire investment manager New City creating an asset management business with US$9bn of assets under management.
CQS said the acquisition was part of its strategy to expand its product and geographic reach. Michael Hintze, CEO at CQS, commented: “Both firms share a like-minded investment philosophy based ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
