Macro hedge funds down at half-year point, pin recovery hopes on central banks
A regional banking crisis caught portfolio managers off guard in March
Source: dunyanews.tv
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Macro hedge funds down at half-year point, pin recovery hopes on central banks
NEW YORK/LONDON, June 30 (Reuters) - Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around how different central banks will handle monetary policy coul...
Source: marketscreener.com
Analysis-Macro hedge funds down at half-year point, pin recovery hopes on central banks
Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around how different central banks will handle monetary policy could provide trading opportunities for the rest of the year. After a surprise crisis of regional U.S. banks roiled markets, those funds were down by 2.3% this year through May according to the HFRI Macro (Total) asset weighted index, which tracks performance of hedge funds betting on macro trends.
Source: yahoo.com