Currency and quant hedge funds gain as sterling posts steep decline hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.
HFRI 500 Macro surge accelerates as US dollar extends historic gain; Quant, trend-following and currency lead as British Pound posts steep decline in September 2022
Macro hedge funds led industry-wide gains in February, extending the strong start to 2022 by again posting negatively-correlated gains as financial market
volatility surged across equity, fixed income, commodity, and currency markets as Russia invaded Ukraine.
<p><span>Macro hedge funds led industry-wide gains in February, extending the strong start to 2022 by again posting negatively-correlated gains as financial market volatility surged across equity, fixed income, commodity, and currency markets as Russia invaded Ukraine. The HFRI 500 Macro Index surged +2.9 percent in February, extending the 2022 gain to +4.75 percent, with strong contributions from Commodity, Fundamental Discretionary and Quantitative, trend-following strategies. The investable HFRI 500 Fund Weighted Composite Index advanced +1.2 percent for the month, topping the decline of the Nasdaq by 470 basis points. The HFRI Fund Weighted Composite Index</span><span>®</span><span> (FWC) also gained +0.6 percent in February, according to data released today by HFR</span><span>®</span><span>, the established global leader in the indexation, analysis and research of the global hedge fund industry.&l