QFS Asset Management Names Dr. Jim Conklin Director of Research

GREENWICH, Conn., Aug. 22, 2011 /PRNewswire/ -- QFS Asset Management announced today that Dr. Jim Conklin has joined the firm as Director of Research. In this role he will collaborate with the firm's founder Dr. Sanford Grossman in pursuing new research and leading the research team.

Prior to joining QFS, Dr. Conklin was head of Investment Research at FX Concepts and a member of its management committee. Over the last 14 years Dr. Conklin has worked as a portfolio manager, trader and strategist in FX volatility trading, currencies, commodities, fixed income relative value and long-short equity strategies, at financial institutions such as Fortress Investments and Lehman Brothers. A native of Northern California, Dr. Conklin has an A.B. in Economics from Princeton University (1986) and a PHD in Economics from Stanford University (1993). He held faculty positions at the University of Texas and the University of Madrid Carlos III prior to entering the investment management industry. He has published in the Journal of Political Economy and Econometrica.

Karlheinz Muhr, the CEO of QFS, said: "I am very pleased Jim has decided to join us at QFS. We are excited about the contributions Jim will make to the disciplined investment research and management process that has defined QFS for almost two decades. As one of the longest continually-operating hedge fund organizations in the world, we were looking for a professional with sterling academic and professional credentials who shared our commitment to the applied research focus that has generated superior risk controlled returns for our clients through many different and often challenging market environments."

QFS ASSET MANAGEMENT, L.P. ("QFS") is a leading asset and risk management firm that employs a rigorous systematic approach and methodology. QFS provides clients with Currency, Global Macro, Fixed Income and Volatility Management strategies that generate superior returns that are non-correlated to both major asset classes and other hedge fund strategies; through QFS Solutions it also provides services to help clients manage risk and improve overall portfolio performance.  QFS manages $2.2 billion from its offices in Greenwich CT.

CONTACT:	Leo Murray
	212-922-0900
	lmurray@dgi-nyc.com

SOURCE QFS Asset Management