Jason Walker and Jessica Hadad have joined alternative investment manager CQS Group in London.
Mr. Walker was named as a portfolio manager for the CQS ABS Fund, with a focus on European retail and global commercial mortgage-backed securities, while Ms. Hadad was named an asset-backed securities analyst, focused on due diligence. Both positions are new, part of CQS' expanding ABS business, said Jonathan Gasthalter, a spokesman.
Mr. Walker was a portfolio manager of the Henderson European ABS Opportunities Fund. Henderson Global Investors still is determining how best to replace him, said Richard Acworth, a company spokesman.
Ms. Hadad was a credit and ABS/MBS analyst at Vertical Capital Investment Advisors; she left the firm in mid-2009 and was not replaced, said a company spokeswoman who asked not to be named.
CQS managed $6.6 billion in credit-related hedge funds and other investment vehicles as of Jan. 1. The CQS ABS Fund returned an annualized 44.04% from inception in October 2006 through Jan. 31.