mallowstreet University Dinner - Multi Asset Credit: Examining Opportunities & Accessing Return in a Volatile Environment – mallowstreet

Sponsored by

CQS

Global Loans: Managing Credit for Strong Long-term Risk Adjusted Returns in an Increasingly Challenging Global Geopolitical and Macroeconomic Environment

As central banks around the world shift from Quantitative Easing (QE) to Quantitative Tightening (QT), markets are going through a period of uncertainty and volatility. This regime shift is one of the biggest in recent memory: record low interest rates combined with generation-high inflation figures have led to a cycle of sharp interest rate hikes that are beginning to dent growth. This transition, heightened by the economic consequences of protracted geopolitical tensions, is expected to continue until a new paradigm is reached.

For investors willing to mitigate risk but not at the expense of income, we believe that Senior Secured Loans can help. Loans provide stable income, while their floating-rate nature reduces interest rate risk; so far in 2022, Loans have outperformed other asset classes and proved complementary in a diversified portfolio. As a secured instrument, Loans also provide further credit protection, enhancing their strong risk-adjusted return profile. Loans may also facilitate practical Responsible Investment.

Join CQS’ Jim Fitzpatrick and Jon Amess for a thought-provoking discussion on the fundamental and technical opportunities that a global Loans allocation may offer.

About CQS

CQS is a credit-focused multi-strategy asset manager, founded in 1999. We have investment expertise across corporate capital structures including corporate credit, structured credit, asset-backed securities, convertibles, loans and equities. Across CQS, our approach fully integrates Environmental, Social and Governance (ESG) risk and opportunity factors into our credit investment process. We believe managing the impact of the transition to a low-carbon economy is essential to deliver the returns and outcomes sought by our investors, as well as playing our part to deliver the goals of the Paris Agreement. CQS is committed to delivering performance and high levels of service to our investors, which include pension funds, insurance companies, sovereign wealth funds, funds of funds, endowments, foundations and private banks.

mallowstreet University Dinner - Multi Asset Credit: Examining Opportunities & Accessing Return in a Volatile Environment

An actively managed, benchmark agnostic, multi asset credit portfolio can take advantage of credit market opportunities, mitigate risks and generate strong returns through the cycle.

During this educational session, we look forward to exploring how pension fund investors can potentially capture excess returns through identification of relative value across selected credit asset classes, while mitigating duration risk.

This is an exclusive event for trustees and advisors, and is eligible for CPD credits and will be taking place at AVEQIA!

This dynamic and exciting venue allows for a truly interactive evening, as you work together in small teams to create each course of your meal. Under the expert instruction of AVEQIA’s resident chefs, the added sense of competition turns your home cooking skills into those of a true culinary wizard as you create delicious, almost too good to eat dishes.

Speakers

Simon Finch
Simon is the Chief Investment Officer. He is responsible for overseeing a number of credit funds and is also a member of the CQS Strategy Board.
Prior to joining CQS in 2008, Simon spent a year at Peloton Partners managing a credit portfolio within the multi-strategy fund. Before this, he spent three years at CQS running US credit trading. From 1993 until the end of 2003, he was at Abbey National where he traded ABS and Corporate credit; ultimately becoming the Head of Asset Management, which encompassed responsibility for ABS together with investment grade and high yield credit.
Simon holds an MA in Economics from University of St Andrews and is a CFA® charterholder.
Craig Scordellis
Head of Long-Only Multi-Asset Credit
Craig is CQS’ Head of Multi-Asset Credit, responsible for the firm’s long-only multi-asset credit business. Prior to this role he headed global loans and was responsible for managing the firm’s loan mandates, including those in a variety of multi-asset credit funds and collateralised loan obligations (CLOs). Craig chairs the Asset Advisory Committee for the CQS Credit Multi-Asset Fund and is a Partner of CQS (UK) LLP.
Prior to joining CQS in 2008, Craig was a Senior Investment Analyst and Assistant Portfolio Manager at New Amsterdam Capital Management, a credit hedge fund. Before this, he was an Associate at the Royal Bank of Scotland where he structured leverage finance and high yield bond transactions. Prior to RBS, Craig was on the Deutsche Bank Investment Banking graduate programme. Craig holds a BSc (First Class Hons) in Business Administration from the University of Bath.