CQS New City Equity has launched global equity fund with close to $100m (as of 4 June 2019) of assets under management from 12 investors across international jurisdictions including the UK and Europe.
The fund is an actively managed, concentrated portfolio of public equity stocks listed in developed markets (primarily the US, Europe and Japan). It is Irish domiciled, offers daily liquidity and is Ucits compliant.
The investment team, led by portfolio manager Raphael Pitoun, undertakes active fundamental research and strategic analysis, embedding ESG criteria in each step of the investment process, to identify exceptional companies and then constructs a concentrated portfolio of 20-25 long-term holdings.
Companies are selected on their ability to deliver high-quality products and services with sustainable business models, a good history of innovation and excellent internal organisation; particularly in their management of human capital and corporate governance. The selected companies will have a long-established track record of success and have a typical market capitalisation of between $20-40bn.
The fund has been awarded ESG Applicant Fund Status by the Luxflag Group. It is the first Irish domiciled fund to receive such recognition.