BlueBay Nets $2.7B

Jul 16 2008 | 10:23am ET

BlueBay Asset Management, the London-based fixed-income hedge fund shop, just keeps getting bigger. The US$18.7 billion firm said its assets under management grew a further US$2.7 billion as of the end of March, bringing its assets to US$21 billion as of the end of June.
 
The bulk of the increase stemmed from its long-only business, which added some US$4.3 billion in the last six months, while its long/short hedge fund unit had a more modest increase of US$200 million over the same period.

Hugh Willis, BlueBay's CEO, said while credit market conditions have been and remain difficult, “It is gratifying that, over the fiscal year, BlueBay has seen US$7.1 billion of net inflows into its funds—equal to more than half of the starting assets for the period.”

The firm was founded in 2001 and listed on the London Stock Exchange in November 2006.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.