Systematica fund down 19% following market rout

NEW YORK (Reuters) – A listed model of Systematica Investments’ flagship hedge fund is down roughly 19% this 12 months, as some trend-following methods have struggled to navigate the market turmoil brought on by the brand new U.S. commerce insurance policies.

The Schroder Gaia BlueTrend fund, which invests in charges, equities, currencies and commodities, is a listed model of Systematica’s flagship BlueTrend hedge fund.

The agency, with $17 billion in belongings beneath administration, is led by Leda Braga, BlueCrest Capital’s former president and head of Systematica buying and selling.

The Monetary Instances first reported on the listed fund’s efficiency. The report mentioned the fund was hit by bets in markets comparable to pure fuel, silver and low, in addition to strikes within the U.S. greenback and Treasuries.

Systematica didn’t instantly reply to a Reuters request for feedback.

(Reporting by Carolina Mandl in New York; Enhancing by Leslie Adler)