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Hedge fund switched traders with algorithmBY KARREN VERGARA | THURSDAY, 10 DEC 2020 12:31PM
A hedge fund, previously linked to several superannuation funds, has been fined US$170 million for replacing its traders with an algorithm that drastically underperformed.
Read more: BlueCrest, SEC, Superannuation, BlueCrest Capital Management, Adam Aderton, Future Fund, Nationwide Super, Russell Investments, US Securities Exchange Commission
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