Thursday, 31 July 2014
Last updated 8 hours ago
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
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…