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Caxton Up, Brevan Howard Down in May

Most macro funds posted small gains or losses for the month.

Macro hedge funds posted mixed results in May, a month when the global stock markets continued to rise sharply.May performance mostly ranged from low single-digit gains to small losses.For example, Andrew Law’s Caxton Global Investment is well on its way to its best-ever year after gaining another 2.6 percent in

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