Pharo Macro Bet on Greek, Spanish and Italian Debt Turns Sour - Hedge Fund Alpha (formerly ValueWalk Premium)

Pharo Macro Bet on Greek, Spanish and Italian Debt Turns Sour

All the volatility and market turmoil shook the returns of Pharo Macro Fund, down 2.1% in last month. The global macro hedge fund strategy is up 7.6% for the year. Last month the fund was up 2.3% with gains from shorts in U.S. treasuries and longs in Greek government bonds. Like all other macro hedge funds, Pharo Macro has short term investors to blame for its losses in the past month. Pharo Macro has kept up an uneven stream of returns throughout the year so far, posting as much as +4% return in January and April and then detracting at...

This content is exclusively for paying members of Hedge Fund Alpha

Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Get Started Now with a FREE 7-Day Trial🔻

If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Watch a FREE Behind the Scenes Training on the 3 Secrets to Finding Small Cap Stock Opportunities with Massive Growth Potential in 2024.

Click here to get the training