For Some Big Macro Funds, September Offered Some Hope

The average fund lost 1 percent in the third quarter, but a few used the quarter to begin the long climb back to the black.

Call it a tale of two macro worlds. In September the average macro hedge fund tracked by Lyxor Asset Management lost nearly 1 percent. As a result, these funds were down 2.8 percent in the third quarter and are now up just 0.7

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.