BlueCrest’s BlueTrend hedge fund slumps 16.9 percent

Reuters – BlueCrest Capital Management’s BlueTrend fund, one of the world’s biggest computer-driven hedge funds, has suffered one of its worst ever peak-to-trough losses over the past six weeks.

A listed feeder fund that channels capital into the $16 billion BlueTrend fund lost 16.9 percent between May 17 and June 28, regulatory filings show.

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