New CQS Fund Veers from Mainstream for Returns
- Credit-focused investment firm is expanding its equity funds
- Raphael Pitoun to manage new fund, focus on about 25 companies
This article is for subscribers only.
What’s the best recipe for making money after a huge global equities rally? One bet is to ignore the lures of a herd mentality.
“We’re allergic to fashionable stocks. I’ve never been invested in Apple, Facebook, Netflix,” Raphael Pitoun, pegged to run a new international growth fund at one of Europe’s largest hedge funds, said in a phone interview.