The legendary macro manager is one of a few who are posting losses this year. But he tells Alpha that several markets could start to look interesting again.
Prominent global macro hedge funds are struggling. Several upstart firms believe they have found a way to turn challenging circumstances into an opportunity.
Citadel’s Ken Griffin moved a step closer to returning to his high water mark after an impressive 2.5 percent gain in July. His Wellington and Kensington funds are now up about 14 percent for the year when many of the macro stars are still in the red.
