Saturday, 27 December 2014
Last updated 3 days ago
Aug 7 2012 | 1:12am ET
It seems there are two BlueCrest Capital Managements in the U.K. right now: the real one and a fake one.
The latter appears to running a boiler-room scam, offering British investors a BlueCrest hedge fund that doesn’t exist. The Financial Services Authority published an alert on the matter in June.
“The entity named above is using the name, address and employee details of an FSA authorized firm,” the regulator wrote. But the real BlueCrest has “no association whatsoever with the organization discussed above that is identifying itself as the ‘BlueCrest Capital Management,’ promoting the ‘BlueCrest New Investment Capital Hedge Fund (NewCap).’”
“The authorized firm BlueCrest Capital Management (UK) LLP advises that there is no such BlueCrest fund named as the “BlueCrest New Investment Capital Hedge Fund (NewCap).”
The real BlueCrest has more than US$30 billion in assets under management.
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.