Hedge fund delays closure for pension investors

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UK - London hedge fund CQS is delaying planned soft closure for its flagship ABS portfolio to allow prospective pension scheme investors already conducting due diligence on the fund to complete their analysis.

CQS joins a small number of managers in the $2trn industry that have capped funds to new money since the crisis following strong inflows. Rivals Lansdowne Partners and Brevan Howard have also close...

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