BlueCrest's Braga on trend-following strategies

Conventional traditionalist

Expert in modelling financial instruments

The world of CTA/managed futures almost never had Leda Braga. After obtaining a doctorate in engineering from Imperial College, London, she worked as a lecturer and led research projects there for over three years.

Love and fate intervened. Braga met her husband at Imperial where he was a couple of years ahead of her. After graduating, he became an options trader and urged her to move into banking where a new area was being developed: derivatives.

Braga then applied to join JP Morgan and landed