Find the word definition


CQS may refer to:

  • Command-query separation
  • Consolidated Quotation System
  • Color Quality Scale
  • CQS, a hedge fund managed by Michael Hintze
CQS (Hedge Fund)

CQS is a London-based asset management firm. It focuses on the areas of multi-strategy, convertibles, asset backed securities, credit, loans and equities.

CQS was included in Institutional Investor's 2012 and 2013 lists of the Top single-manager hedge fund firms by assets under management and Barron's 2012 and 2013 lists of the "Best 100 Hedge Funds". Bloomberg ranked the CQS Directional Opportunities Fund #3 on its list of the top-performing large hedge funds in 2012.

In May 2013, CQS was given three awards at the Financial News Awards for Excellence in Institutional Hedge Fund Management, Europe: Best Hedge Fund Manager Overall, Best Hedge Fund Manager in Credit, and Best Multi-Hedge Fund Manager.

CQS is known for its successful bets in the US subprime mortgage market.

In May 2012, CQS was reported to be on the opposite side of the infamous JPMorgan trade by Bruno Iskil, in which JPMorgan lost more than $2billion because of its massive position in U.S. credit derivatives.

According to Dow Jones, CQS’s asset-backed fund and Directional Opportunities fund have both posted double digit returns for the first half of 2012.

Adam Werritty reportedly once had a desk at the company’s London base.

As of December 2015, the firm managed $12.6bn in assets.