Winners and losers in equal measure in volatile macro space


Macro managers produced another very disparate set of returns in February as unsettled asset markets continued to generate gains and losses in almost equal measure.

On the plus side LGIM Global Macro had another strong month, up 3.14% for a three-month gain of 14.15% and a six-month return of 17.43% - while Omni Macro generated a return of just over 3% in February for a six-month gain of 13.9%.

GAM Global Macro was up 2.73%, with JB Global Rates posting a 2.44% gain, IKOS Financial up 2.56% and Fulcrum Alpha returning 2.27%. The twice-levered Vega Feeder Fund was up by