Reuters – Leda Braga, one of Europe’s best-known hedge fund managers, achieved a 9.5 percent return for her BlueTrend hedge fund in January, a strong start for her business that spun out of BlueCrest Capital Management last month.
The gain in the $7.6 billion fund, which uses complex computer models to evaluate risk, pricing and timing in markets, marks its third-best monthly performance since launch over 10 years ago, according to a letter to investors seen by Reuters.
