Reuters.uk – BlueCrest Capital Management, one of Europe’s biggest hedge funds, said on Tuesday it plans a fund listing which will make its investment strategies available to UK institutions andwealthy individuals.
Analysts say the listing could appeal to investors such as pension funds who want exposure to hedge funds, but often cannot invest directly because most are registered in low-tax, lightly regulated offshore centres such as the Cayman Islands.
BlueCrest’s AllBlue fund is currently open only to investors in the United States. It has more than $1 billion (540 million pounds) under management and has returned 8.4 percent since it was launched in September 2005.
