Systematica fund down 19% following market rout
Tweet
Share
E-mail
FILE PHOTO: Traders work during the closing bell, on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 10, 2025. REUTERS/Jeenah Moon/File Photo
NEW YORK (Reuters) - A listed version of Systematica Investments' flagship hedge fund is down roughly 19% this year, as some trend-following strategies have struggled to navigate the market turmoil caused by the new U.S. trade policies.
The Schroder Gaia BlueTrend fund, which invests in rates, equities, currencies and commodities, is a listed version of Systematica's flagship BlueTrend hedge fund.
The firm, with $17 billion in assets under management, is led by Leda Braga, BlueCrest Capital's former president and head of Systematica trading.
The Financial Times first reported on the listed fund's performance. The report said the fund was hit by bets in markets such as natural gas, silver and coffee, as well as moves in the U.S. dollar and Treasuries.
Systematica did not immediately respond to a Reuters request for comments.
(Reporting by Carolina Mandl in New York; Editing by Leslie Adler)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Pentagon says leak probe may lead to U.S. prosecutions
- Trump administration proposes major shake-up of US State Department
- GE Aerospace CEO Culp advocates tariff-free regime for aviation industry
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
Hedge Funds, BlueCrest Capital ManagementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
