Hedge Funds Performance

Resurgent Autonomy Capital clocks big gains in tepid year for macro


Rob Gibbins is up more than 24% this year.

Few macro hedge funds have performed strongly this year despite an uncertain economic environment that could have been highly profitable for their broad, flexible investment strategies. Call Autonomy Capital an exception.

Resurgent and fast growing, Autonomy’s flagship Autonomy Global Macro Fund is up 24.39% through November, far above the benchmark AR Macro Index return of 5.61% for the same period. And a special $238 million share class, launched in April 2009, is up 40.42% this year through November and approximately 116% since inception.

This year, Autonomy had hits betting on the movement of Brazilian, Turkish, Mexican and South African interest