New York (Reuters) – A listed version of the flagship cover of Systematica Investments is down around 19% this year, because certain trends monitoring strategies have struggled to navigate the market turmoil caused by new American trade policies.
The Schroder Gaia Bluetrend Fund, which invests in prices, actions, currencies and basic products, is a listed version of the Phare -Bluetrend Systematica Phare Speleration Fund.
The company, with 17 billion dollars of assets under management, is led by LEDA Braga, the former president of Bluecrest Capital and chief of Systematica Trading.
The Financial Times first reported on the performance of the side fund. The report indicates that the fund was affected by betting on markets such as natural gas, money and coffee, as well as movements in US dollar and treasure good.
Systematica did not immediately respond to a request for Reuters comments.
(Report by Carolina Mandl in New York; edition by Leslie Adler)
