BTG Pactual’s Global Emerging Markets and Macro (GEMM) hedge fund had a sleepy August, much like the markets themselves. In an investor update reviewed by ValueWalk, the fund was slightly hit, down -0.13% in August, after being off -0.12% in July. The BTG Pactual fund is perhaps among the most strategy diversified among major hedge funds, engaged in both fundamental and systematic strategies across emerging and developed market debt and stock markets. Amid dampened market activity over the last three years, however, the fund has performed near the flat line.
Also see Luis Stuhlberger Gains In August On Shorts In Singapore Dollar, Chinese Yuan – Letter
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