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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.

      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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