Most BlueCrest Funds Post December Gains

Jan 24 2014 | 12:32pm ET

Much of the attention paid to BlueCrest Capital Management's 2013 has fallen on the firm's BlueTrend fund, which suffered its first-ever losing year. But the firm wasn't mourning exclusively in December.

Four of BlueCrest's six funds posted gains last month. The firm's Multi-Strategy Credit Fund added 1.8% on the month, posting gains on both investment-grade and high-yield investments.

Only BlueTrend and BlueCrest's International fund fell in December, the firm said in a press-release.

The $34 billion firm also trumpeted its growing headcount, noting that "staff numbers are now close to 600," with new offices in São Paulo, Brazil and Toronto.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...