Hedge Fund Numbers Positive, Thanks to Growth in Master Funds (Fund News)
In a continuation of recent trends, the total number of Cayman Islands hedge funds is increasing, but only because of the growing amount of master funds, which were first registered in 2012.
BlueCrest's BlueTrend hedge fund slumps 16.9 percent (Fund News)
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, according to a report by Reuters.
Another investor pulls money from hedge fund SAC (Fund News)
Reuters reports that Ironwood Capital Management plans to pull about $100m from hedge fund SAC Capital Advisors, adding to the list of problems for Steven A. Cohen.