BlueTrend a top performer


The liquidating BlueTrend fund was second top performing UCITS hedge fund in the week ending 5 November, according to the Absolute UCITS database.

The dollar share class of the fund, which is on the Bank of America Merrill Lynch platform and run by London-based hedge fund manager BlueCrest, returned 6.35%. The fund sits in the managed futures share class and its median performance, from 29 October to 5 November, was 3.72% - the highest performing sector.

The best performing fund, for the reporting period, was precious metals fund APM Gold & Resources which is run by