Macro, fixed income and currency strategies generally scored good gains again in March. Among macro strategies, M&G Episode posted a chunky 7.26% gain, bringing its YTD total into positive territory at 5.29%.
Nordea Alpha also posted a strong gain, adding 5.49% in March for a YTD return of 0.91%. GAM Global Macro added 4.20%, while JB Global Rates was up by 4.11% for a three-month gain of 12.38%. Peregrine Cust's Prana posted a 3.23% gain, snapping its losing streak and bringing its YTD total to -0.94%.
Other positive performers in macro included Investcorp Stoneworks (2.70%), Pharo Macro (2.58%), GLC