BlueCrest: fixed-income market structure faces uncertain future

COO in interview cites equity-like evolution and regulation squeezing liquidity

BlueCrest Capital Management has delivered mixed performance across its funds, while the hedge fund manager's $1.5 billion employee-only investment fund has come under fire, with accusations that management interests are not aligned to those of investors. In this interview, BlueCrest chief operating officer Peter Cox defends the employee retention vehicle, and talks about governance and risk management at the firm, sharing his views on markets and the regulatory drivers affecting them.

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