Unstructured Finance

Phone home

October 27, 2009

Spare a thought for quant-heavy hedge fund firm BlueCrest.

Big in JapanThe company’s systematic trading funds rely on the supercooled servers that crunch the numbers to run their, hopefully money-making, algorithms, so it must have come as quite a shock when their Japanese hardware was put under lock and key when Lehman bit the dust.

Rough ride

April 1, 2009

The worst financial crisis in 80 years has tarnished many previously sparkling reputations.