CQS makes two ABS appointments

15 Mar 2010
CQS has announced that Jason Walker and Jessica Hadad are joining CQS. Jason will be a portfolio manager for the CQS ABS Fund, with a focus on European RMBS and global CMBS. Jessica joins as an ABS analyst with a particular focus on due diligence.

Jason will join CQS from Henderson Global Investors, London, where he has been an investment manager for the Henderson European ABS Opportunities Fund. Jason had previous experience in various portfolio management and trading roles with the Bank of Scotland, London, TD Securities and Abbey National. He began his career as a Credit Analyst, Asset Backed Securities, with Abbey National Treasury Services, London.

Jessica joins from Vertical Capital Investment Advisors, LLC New York, where she was an investment analyst with responsibility for detailed credit analysis and stress testing of MBS and ABS investments. She previously worked at Ernst & Young, LLP New York, in structured Finance Advisory Services and as an analyst in the ABS Transactions Group.

Michael Hintze, CEO CQS, said: “The opportunities in ABS continue to be very attractive. Adding depth to the ABS team will allow us to take further advantage of the growing opportunity set for the benefit of our investors. I am very pleased we have been able to attract such high caliber people.”

Commenting on these appointments Ali Lumsden, CQS’ Chief Investment Officer ABS, said: “I have known Jason since 1995 when we worked together at Abbey National. He has developed a particular expertise in the European RMBS market and the CMBS market globally. Jessica is a valuable addition to our team of analysts and both Jason and Jessica will complement the existing team”.