CQS News & Analysis
4 articles
Market Mood
Insurance Australia Settles $2 Billion Credit Suisse Lawsuit
Insurance Australia has agreed to settle a lawsuit against Credit Suisse related to Greensill for $2 billion. This settlement addresses claims made by investors regarding the bank's handling of the Greensill Capital case, which filed for insolvency in March 2021. The lawsuit stems from losses incurred by investors after the collapse of Greensill. For investors, this settlement underscores the importance of understanding the risks associated with banking practices and investment vehicles related to complex financial products.
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CQS New City High Yield Fund to Issue 750,000 Shares at 50.6p
CQS New City High Yield Fund announced plans to issue 750,000 shares priced at 50.6 pence each. This issuance allows the fund to raise additional capital, which could be utilized for investment opportunities or to strengthen its balance sheet. The move is aimed at enhancing the fund's capacity to generate returns for investors. Ordinary investors should note this issuance as it may influence future dividends and overall fund performance.
Read More: CQS New City High Yield Fund to Issue 750,000 Shares at 50.6p
CQS New City High Yield Fund to Issue 750,000 New Shares
CQS New City High Yield Fund plans to issue 750,000 new shares. This issuance is part of the fund's strategy to raise capital for investments. The new shares will potentially enhance liquidity and provide more options for investors looking to engage with the fund. This matters for ordinary investors as it could provide greater opportunities for participation in the fund's future performance.
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CQS New City High Yield Fund Issues 1.75 Million Shares
CQS New City High Yield Fund announced the issuance of 1.75 million shares. This action may impact the fund's capital structure and market liquidity. The issuance of new shares generally allows for increased investment opportunities and potentially alters the fund's share price dynamics. Investors should monitor this development as it could influence market perceptions of the fund's performance.
Read More: CQS New City High Yield Fund Issues 1.75 Million Shares