No Rebound for Dymon Macro Hedge Fund After First Annual Loss

  • Macro fund gained 0.5% in March, lost 0.1% in first quarter
  • The March return was helped by bet on Korean won, Asian bonds

Dymon Asia Capital (Singapore), which has pledged to return performance fees unless its main hedge fund can recoup losses from bets on the Swiss franc in January 2015, failed to make progress toward that goal in the first quarter.

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