Vega Select, Rubicon stand out as macro traders ride the waves


Vega and Rubicon are the stand-out performers so far in a month of generally much better returns for macro funds in July, underlining the reputation of both firms over the years for producing their best performances at times of market stress.

The Vega Select Opportunities fund gained a stunning 15.65% on the month, to give an impressive year-to-date showing of 21.19% and a rolling 12-month return of over 56%, while Rubicon Global’s estimated 6.8% return in July cuts its loss for the year to just 1.2%.

Systematic macro player CCP Quantitative also performed very well in a month