Macro fund bottom of latest league tables


By Hannah Walsh

The Market Bridge America fund was the worst performing fund for the week ending 9 November 2012, according to figures reported to the Absolute UCITS database.

The fund, which sits within the macro sector, was down 5.88% for the reporting period and is managed by Paris-based Maya Dray and Sylvain Bruley. Year-to-date to October 2012 the portfolio was down around 1%.

Despite the performance of the Market Bridge fund the macro sector was slightly up with a median of 20 basis points during the reporting period. The Absolute UCITS Macro Index was up 47 basis points