Friday, 19 December 2014
Last updated 8 hours ago
Dec 1 2010 | 12:21pm ET
Four top executives and a portfolio manager have left hedge fund BlueCrest Capital Management, Europe's third-largest hedge fund with US$24 billion in assets.
Justo Ruiz-Ferrer, head of trading strategy systems and quantitative development for BlueCrest's flagship Bluetrend strategy, headlines the departures, which came over the last few months. In addition, partners Bojan Milicic, Luigi La Ferla and Martin Stocks have left the firm, as has portfolio manager Jeremy Gelber.
Gelber has since joined SFM UK, Reuters reports.
Bluecrest last month pulled the plug on its UCITS III-compliant version of the Bluetrend strategy because of its failure to track the performance of the US$10 billion flagship.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.