(Bloomberg) Several macro hedge funds are on track for a banner month in August as fears of slowing global growth and protracted trade tensions sparked a long-awaited resurgence of volatility in currency and credit markets. Hedge funds from New York’s Haidar Capital Management to Hong Kong-based Counterpoint’s Asian macro fund have posted hefty returns in August as haven assets such as gold, the yen and Swiss franc rallied, and China’s yuan weakened.
These Macro Funds Are Winning Big in August as Volatility Surges
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