Tuesday, 13 October 2015
Last updated 6 min ago
Dec 8 2011 | 1:00pm ET
Despite all of the global economic volatility, it's proving a disappointing year for the world's most prominent global macro managers.
Several, including Moore Capital Management and Fortress Investment Group, have suffered losses. Others, like Caxton Associates and Tudor Investment Group, have posted only modest gains on the year.
Tudor's BVI Global Fund is up 3.06% through Nov. 25, Reuters reports, while Brevan Howard Asset Management's global macro fund is up 1.27% through late November. Caxton Associates is up even less, 1% through the end of last month.
Others have more to worry about. Fortress' flagship Macro fund is down 10% on the year through late last month. Moore's Global Investments fund is down 2.6% through Nov. 18, and the firm's emerging markets fund is also down.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…