Macro Funds: “Too Early To Signal Recovery”: Preqin

Although macro strategies funds were the top performing strategies in Q2 2014, a new report from Preqin points out that it’s too early to signal a recovery in the macro strategies sector.

In Preqin's Hedge Fund Spotlight report for August 2014, Bianca Foux notes the net return of 1.04% in May was the first time macro funds gained over 1% in a single month since January 2013.

One-third macro funds posted over 5% gain

According to the Preqin report, macro funds posted a return of 1.91% in the first half of 2014, leaving them nearly one percentage point higher than the midway point last year. Managers will be cheered by the returns of the last few months following a near-neutral first quarter....