Performance

Modest gains for Tudor

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The downward jolt in interest rates that affected fixed-income managers also took their toll on macro, which suffered a lackluster month. Many funds posted minor gains or losses and the strategy finished just about flat. Graham Capital Management's Graham Global Diversified portfolio posted a 0.2% loss for the month, while the Soros Quantum Endowment Class A fund posted a 0.54% loss, bringing its three-month total to 2.38% and its six-month total to 12.92%. The Tudor BVI Global Fund - Class A fund posted a 0.42% gain, bringing its three-month total to 3.93% and its six-month total to 4.52%.