NEW YORK (REUTERS) – A listed version of the Hedgefonds of Systematica Investments flagship has fallen around 19% this year, because some trend -following strategies have had difficulty navigating through the unrest on the market caused by the new American trade policy.
The Schroder Gaia Bluetrend Fund, which invests in rates, shares, currencies and raw materials, is a mentioned version of the flagship of Systematica Bluetend Hedg Fund.
The company, with $ 17 billion in assets, is led by Leda Braga, the former president and head of the trade of Systematics, BlueCrest Capital.
The Financial Times reported for the first time on the performance of the listed fund. The report said that the fund was hit by bets in markets such as natural gas, silver and coffee, as well as movements in the US dollar and treasure chests.
Systematica did not immediately respond to a Reuters request for comments.
(Reporting by Carolina Mandl in New York; Edit by Leslie Adler)