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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of