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With Strong Commodities and Equity Markets, Macro Managers Had a Profitable April
It was a good month for most macro strategies, but Discovery, Bridgewater, and Haidar led the pack.
Most macro managers made money in April.Commodities and equity markets were generally strong last month, even as intermediate and longer-term interest rates fell slightly.Sure enough HFR’s Macro Index was up 2.7 percent in April; 2.9 percent for the asset-weighted index. HFR’s Macro commodity subindex surged 5.4 percent and is up
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