| BlueCrest Capital Management, one of Europe's biggest hedge fund firms, is looking to raise more than 150 million pounds ($235 million) for a new listed feeder fund into its computer-driven BlueTrend fund, a source familiar with the matter said.
So-called managed futures funds try to make money by latching onto trends in global futures markets. BlueTrend was one of the few hedge funds to profit in a dire 2008 for the industry, gaining 42.8 percent...............................................Full Article: Source
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