Wednesday, 25 November 2015
Last updated 12 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…