The Billion Dollar Interview with Paul Heyrman, ABS Product Specialist at CQS Asset Backed Securities Fund
CQS is a multi strategy asset management firm with US$12.6 billion of assets. The business was founded by Sir Michael Hintze in 1999. CSFB seeded the launch of their first fund in March 2000 and they have since expanded to include additional strategies and bespoke solutions in the areas of multi-strategy, convertibles, asset backed securities, credit, loans and equities. CQS has always placed fundamental analysis at the heart of their investment process and looks across companies’ entire enterprise value – debt and equity – to assess relative value across a corporate’s capital structure. CQS takes a team-based approach seeking interconnectivity across all areas in which they invest credit, equity and their derivatives. As active managers; CQS is not afraid of taking risk appropriate to a particular mandate. CQS believes robust operations and risk management platforms provide all mandates with liquidity management and risk monitoring which should enable their investment professionals to be more nimble and effective throughout all market environments.