Market upheavals drive biggest gains since 2008 for macro hedge funds
Swings in the dollar, gold and government debt have been fertile territory for funds such as Kirkoswald, Rokos and Caxton
Swings in the dollar, gold and government debt have been fertile territory for funds such as Kirkoswald, Rokos and Caxton

Equity long-short funds attract investor inflows for first time in a decade on strong returns so far in 2025

Currencies, bonds and stocks rally as global fund managers diversify away from dollar assets

Dollar hedges will continue to be in demand but investors may have to consider other options too

Multi-manager hedge funds have suffered losses amid huge volatility in oil and bond prices

Industry racks up largest asset gains on record, benefiting from buyout groups’ difficulty returning cash to clients

New breed of products from firms such as AQR and Quantinno has soared in popularity, raising regulatory concerns