Macro Managers Appear Stymied by This Market
Star players Tudor, Moore, Caxton and Element have eked out gains so far.
A rapidly changing macroeconomic environment appears to have left macro managers out in the cold. While many managed to avoid May’s stock market downdraft, so far they’re falling far behind the stunning gains achievable in this year’s hothouse environment.
Paul Tudor Jones’ Tudor BVI Global fund is up only 3.84