Thursday, 29 January 2015
Last updated 5 hours 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…