Overview
Bluecrest AllBlue invests substantially all of its assets in AllBlue Limited (“AllBlue”), the flagship multi-strategy fund of hedge funds managed by BlueCrest Capital Management LLP (“BlueCrest”). AllBlue invests in 6 underlying hedge funds managed by BlueCrest, across their two specialisms of discretionary and systematic trading.
News
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05 Apr 2018 4 min read
Highbridge Multi Strategy edges ahead in 2017
Highbridge Multi Strategy edges ahead in 2017 – Highbridge Multi Strategy Fund generated a return of 3.7% on its NAV over the course of 2017. The total return of the S&P 500 in 2017 was +21.8%. This might look like an unexciting return but it is consistent with returns earned by most other absolute return […]
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05 Jan 2017 2 min read
Narrowing discount sees Highbridge Multi-Strategy press pause on quarterly tenders
Highbridge Multi-Strategy Fund has announced that, noting the reduction in the discount of the share price to NAV over the subsequent three months and also the recent stability of the discount at around 5%, the fund’s Board has canvassed the views of a number of larger Shareholders, a majority of whom have indicated that they […]
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28 Sep 2016 1 min read
Highbridge Multi-Strategy Fund expecting £24m in redemption proceeds
Highbridge Multi-Strategy Fund has announced that it has been notified by AllBlue Limited and AllBlue Leveraged Limited that further distributions of redemption proceeds were initiated this week. The company says that, as a result, it expects to receive proceeds equivalent to approximately £24 million by the 5 September 2016. The company says that, following receipt […]
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26 Sep 2016 2 min read
Highbridge Multi-Strategy Fund announces 20% cash tender
Highbridge Multi-Strategy Fund has published a circular in connection with a tender offer for the company. The board has the power to offer shareholders quarterly cash exits, at NAV less costs, and the first such tender offer is to take place in October 2016. The company expects that tendering Shareholders will receive most of the […]
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08 Mar 2016 1 min read
Highbridge Multi Strategy trading suspended
It appears that when BlueCrest AllBlue’s US dollar shares were converted into Sterling shares in advance of the switch of the fund to become Highbridge Multi Strategy Fund, they made a mistake calculating the conversion ratio. The company has asked that trading in its shares be suspended while they sort out the mess. HMSF : Highbridge […]