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

Part II: Roubini Talks Risk, Recovery And The Threat Of A Triple Dip Recession

Oct 21 2014 | 12:41pm ET

In the second half of our interview with Nouriel Roubini, FINalternatives editor...

Lifestyle

Balyasny Pays Over $6M For Lakefront House

Oct 22 2014 | 10:29am ET

A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.