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MFS Investment Management
About MFS Investment Management
In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. We believe that purpose is synonymous with sustainable investing, which we approach by integrating ESG factors into our research, security selection and overall investment process.
Our powerful investment approach combines collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market.
To learn more visit mfs.com
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: Fixed Income Live Debate

With diverging Central Bank Monetary Policies, Credit continues to be at the top of the agenda for many pension funds. As government bond yields begin to fluctuate across the curve, mallowstreet has gathered together a group of fixed income specialists to review some of the recent developments in both the credit and debt markets and explore their key features.

Log in to mallowstreet at 10am, 13th June to watch the debate streamed live.

Speakers

Dawid Konotey-Ahulu
Craig Scordellis, CQS Head of Long Only Multi Asset Credit, CQS
Craig is CQS' Head of Long-Only 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 program.
Craig holds a BSc (First Class Hons) in Business Administration from the University of Bath.
Pilar Gomez-Bravo, MFS Global Credit Portfolio Manager, MFS
Pilar Gomez-Bravo, CFA, is an investment officer and fixed income portfolio manager with MFS Investment Management® (MFS®). She is based in MFS' London office.
Pilar joined MFS in 2013 from Imperial Capital, where she served as a managing director. She previously served as a portfolio manager and head of research at Negentropy Capital, within Matrix Asset Management, and cofounded Marengo Asset Management. From 2006 through 2010, she served as a senior portfolio manager and the head of credit, Europe, for Neuberger Berman. She began her career in financial services at Lehman Brothers in 1997 and spent nine years with the firm, including serving as head of investment-grade credit research for Europe.
Pilar earned the equivalent of an LL.B degree in Law and a Bachelor of Science degree in Economics and Business Science from Universidad Pontificia Comillas (ICADE E-3, Spain). She earned a Master of Business Administration degree from the Massachusetts Institute of Technology's Sloan School of Management. She has held the Chartered Financial Analyst (CFA) designation since 2000.

Program

10:00 AM Debate streamed LIVE
10:45 AM End