(Reuters) Stone Milliner, one of Europe’s best-performing hedge funds that bets on macroeconomic events, lost 2.1 percent in the first two months of 2017, its worst start to a year, an investor letter seen by Reuters showed.
That meant the $6.1 billion Stone Milliner Macro Fund underperformed industry rivals, which gained 0.4 percent on average in the first two months of the year, data from industry tracker Hedge Funds Research (HFR) showed.
