BlueCrest Funds Rise In First Half

Sep 1 2011 | 12:00pm ET

BlueCrest Capital Management's flagship fund returned less than 2% in the first half, the firm said.

AllBlue rose 1.99% during the first six months of the year, thanks primarily to its investment in BlueCrest's International Fund, which rose 2.64% in the first half.

"Following a satisfactory year in 2010, the company has continued to deliver positive financial performance during the first six months of 2011 despite challenging market conditions," Chairman Richard Crowder said. "With an uncertain backdrop trading strategies have faced a challenging environment where markets have been driven by political factors, often resulting in severe dislocations. During this time, BlueCrest has continued to focus on limiting downside risk and preserving investor capital, whilst taking advantage of trading opportunities that have presented themselves."

Other BlueCrest funds were also in the black for the first half. BlueMatrix was up 3.32%, Multi-Strategy Credit 2.74% and BlueTrend 1.88%.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of