Fortress, Moore In The Red As Year Winds Down

Dec 8 2011 | 2:00pm 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.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of