Macro strategies have underperformed since 2008, but Ian Plenderleith, chairman of BH Macro Ltd argues that while other hedge funds are just investing to have something to do Brevan Howard has the right setup to take advantage of macro opportunities when they do start to show up again.
“Many hedge funds feel they have to be hyperactive, that they’ve got to be doing something the whole time. But if the opportunities are not there, that just means you’re putting a lot of effort...


