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Discovery Surged Again in January, While Bridgewater Lost Money

Macro funds mostly avoided the month’s short squeeze but posted mixed results.

Robert Citrone’s Discovery Global Opportunity fund picked up in January where it left off last year.The macro fund, which surged in 2020 after several years of disappointing returns, kept it up last month, shrugging off last month’s volatility to gain 6.45 percent, according to an investor. That far outpaced most

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