Monday, 22 December 2014
Last updated 5 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.
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.