Snap: BlueBay
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BlueBay Asset Management trading statement:
- Assets under management of $9.59bn as of the end of December, up $2.63bn from the end of June
- That increase is comprised of a net inflow of funds of $1.93bn and fund growth of $0.7bn
- Of its current assets, $3.62bn is in long/short strategies, $3.87bn is in long only funds and $2.1bn is in structured products.
Lehman Brothers took a 4.99 per cent stake in BlueBay, which specialises in credit and fixed-income strategies, as part of its London listing in November.
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