Leda Braga

Leda Braga is a Brazilian-born mathematician and quantitative hedge fund manager who heads Systematica Investments, a systematic macro fund she launched in 2015 after spinning out from BlueCrest Capital Management. At BlueCrest, she ran the BlueTrend systematic strategy, growing it to over $10 billion in assets. Systematica specializes in systematic trend-following, statistical arbitrage, and model-driven macro strategies across global futures markets — applying quantitative methods to identify persistent price patterns and macro regime signals. Braga holds a PhD in engineering from Imperial College London and brings rigorous quantitative methodology to fund management. She is one of the most prominent women in the global hedge fund industry and a frequent speaker on systematic investing, diversity in finance, and the evolution of quantitative strategies as data availability expands. Her work bridges traditional CTA trend-following with more adaptive regime-detection approaches.