Quantum weathers tough summer markets

Mon Sep 1, 2003



After a positive start in 2003, global macro funds seem to have been caught in a strong market crosswind that swept away much of their earlier gains. That was certainly true in July, a month in which the Nasdaq gained 6.9% and the Dow rose 2.8%, while the bond market saw some rapid-fire sell-offs that caused further market turbulence.

The good news for Soros...

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