Bond investors’ purchases of derivatives averaged the most in five years in 2013 as they sought ways to both amplify bets and hedge against rising yields as the Federal Reserve slows its unprecedented stimulus.
Michael Hintze , whose $1.15 billion CQS Directional Opportunities Fund rose 31 percent last year, said some European exporters will “benefit dramatically” from a weakening currency in their home markets in 2011 and predicted investments in gold and oil will gain because of inflation.
The February 2013 issue of Bloomberg Markets magazine contains our annual rankings of the world's richest hedge funds. The following 100 comprise our list of best-performing hedge funds managing $1 billion or more. Our rankings are based on data compiled by Bloomberg specialist Anibal Arrascue and information supplied by hedge-fund research firms, hedge funds and investors. Assets and returns are for the 10 months ended on Oct. 31, 2012. Click here for a PDF and here for the accompanying story.
CQS U.K. LLP, the $12 billion hedge- fund firm founded by Michael Hintze, is looking to start an equity fund as the company expands beyond its focus on credit investments, said two people familiar with the matter.
CQS U.K. LLP, the London-based firm founded by Michael Hintze , plans to restrict new investments into a hedge fund that trades mortgage-backed securities once its assets under management reach $2 billion, according to a letter sent to clients.