BlueCrest, Metacapital Among June Losers

Jun 26 2013 | 12:34pm ET

A host of high-profile hedge funds have taken a beating this month.

BlueCrest Capital Management's US$14 billion BlueTrend Fund is down 8.3% through the first three weeks of June, extending its year-to-date losses to 9.2%. BlueTrend has never suffered a losing year.

Also hurting this month is one of last year's best-performing hedge funds, Metacapital Management, which was down 5.66% on the year through June 14—before the recent Federal Reserve-statement fueled selloff.

The Man Group's AHL Diversified strategy has shed 3.5% this month, leaving the US$16.3 billion flagship down 2.8% on the year, Bloomberg News reports. Winton Capital Management's Futures Fund, which manages US$10 billion, is down 3.3% on the month, and Brevan Howard Asset Management's listed BH Macro Fund suffered big losses earlier in June, although it dropped just 0.1% last week. The fund is up 3.2% in 2013.

Other funds suffering losses this month include Bridgewater Associates and Cantab Capital Management


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

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.