Big Macro Hedge Funds Cashed In on the Mess From Italy, Trade Wars
- Alan Howard, Jeff Talpins are among the big gainers this year
- Macro fund traders overall are losing money this year
This article is for subscribers only.
Some boldface names at macro hedge funds, a sector that’s struggled in recent years, are posting big results.
Alan Howard is up 44 percent this year through May. Dharmesh Maniyar, who uses machine learning at Tudor Investment Corp., saw his fund jump 13 percent. And Jeff Talpins’s fund, among a handful that have notched gains in recent years, rose 18 percent.