(Bloomberg) In 2017, macro hedge funds were expected to shine. So far? Not so much.It’s been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 percent through February, according to Hedge Fund Research Inc., while the average hedge fund rose 2.2 percent and the MSCI World Index gained 5 percent. Some did far worse than global stocks, as the chart below shows.
Hedge Funds Find No Joy in Macro as Returns Lag Trump Rally
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