Sunday, 19 April 2015
Last updated 21 hours ago
Jul 5 2013 | 10:09am ET
The last six weeks have been the worst ever for BlueCrest Capital Management's flagship US$16 billion strategy.
The BlueTrend Fund fell 16.9% between May 17 and June, according to regulatory filings from its listed feeder fund, Reuters reports. That would be the quantitative strategy's worst-ever peak-to-trough loss, costing it roughly US$2.7 billion.
BlueTrend's previous worst peak-to-trough loss was 12.55% in 2006.
With the recent declined, BlueTrend is down 10.9% on the year.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…