Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Hedge fund switched traders with algorithm

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.

LoginGo Premium

Read more: BlueCrestSECSuperannuationBlueCrest Capital ManagementAdam AdertonFuture FundNationwide SuperRussell InvestmentsUS Securities Exchange Commission