Hedge fund heavyweight Brevan Howard’s macro fund performed well last year, with most of its gains derived from its interest rate positions.
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In trying times, it can be a flip of the coin whether hedge funds can pull through for investors.
Last year was no joke – fund managers had to wade through volatility from high inflation, soaring energy costs, shaky FX markets, and the war in Ukraine. Globally, hedge funds lost 4% for its investors last year, according to HFR data.
But the…
