Reuters Summit: Cqs Chief Says Redemptions Manageable

Summary


LONDON (Reuters) - Client withdrawals from Britain-based hedge fund CQS slowed sharply in the first quarter of 2009, its chief executive told Reuters.

Speaking Monday [March 23] at the Reuters Hedge Funds and Private Equity Summit in London, Mark Hintze, said the pipeline of redemptions was now just about matched by inflows. "Frankly, we've had very few redemptions coming up for April so far."

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Reuters Summit: Cqs Chief Says Redemptions Manageable

Observers feared heavy outflows from hedge funds would continue into 2009, co...

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