Four of six BlueCrest Capital strategies were positive in December, with the hedge fund operator’s BlueCrest Capital International and BlueTrend finding difficulty. BlueCrest Capital International operates a strategy along the yield curve and is managed by Michael Platt, the founder of BlueCrest, now the world’s third-largest hedge fund with a reported $34 billion under management. BlueTrend is the managed futures hedge fund operated by former JPMorgan quantitative analyst Leda Braga and, despite posting -11.3% in 2013, has generated a reported 11% annualized return since its founding in 2004. BlueCrest Multi-Strategy Credit fund gained 1.8% in December, as credit markets were…
Four Of Six BlueCrest Strategies Find Profitability in December
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.