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Some Macro Managers Get Their Groove Back

Tudor and Caxton are off to strong starts this year, although Discovery is deep in the red.

  • By Stephen Taub

      Paul Tudor Jones, Tudor Investment Corp. (Michael Nagle/Bloomberg)Several major macro funds are starting to show some signs of breaking out from their multi-year malaise. Macro managers had long claimed they needed a winding down of quantitative easing and an increase in market volatility to improve conditions for the strategy. Now, a few

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