Sunday, 29 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…