11/14/2014

BlueCrest's $50 Billion Dream Is Deferred

Today, BlueCrest, whose funds mainly make bets on corporate and government debt and changes in interest rates, is managing half the amount Platt set as his goal amid lackluster returns at his main fund.

11/13/2014

In Defense of Hedge Funds

The chief argument against hedge funds holds that they have high fees and have posted mediocre performances since the recession ended and it’s time to try other investment vehicles.