Hedge Fund News From HedgeCo.Net

Hedge funds escape Japan rout with minor losses

Risk.Net – Global macro hedge funds show no signs of bailing out of the ‘Abe trade’ after weathering the sudden reversal in Japan. Global macro and managed futures funds lost on average 0.6% on the day.

Last week’s sharp drop in Japanese stocks came as a surprise to many global macro hedge funds, which have been piling into the market since the end of last year. Yet most hedge funds appear to have weathered the reversal in the Nikkei 225 share index, which fell 7.3% on Thursday, May 23.

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