Asset Management

Profits and assets spike for Sir Michael Hintze’s CQS

More than 50% of the firm’s assets are now managed in mainstream mandates for pension funds

Sir Michael Hintze, chief executive officer of CQS
Sir Michael Hintze, chief executive officer of CQS Photo: Getty Images

CQS, the specialist fixed-income manager led by Sir Michael Hintze, reported rising profits and strong growth in assets under management in 2017 — and revealed its long-only, mainstream funds business has eclipsed its hedge fund assets for the first time.

The company reported profits of $160.4m on revenues of $310.8m, and said management and performance fees had increased during the year. But the figures are not directly comparable to 2016’s, as CQS has altered its reporting period.

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