Tell hits the mark in flatter month for macro


August was a flat month in macro. Astraea European Opportunities, which launched in January, notched the biggest gain, with a 7% return in August bringing its YTD performance to nearly 19% - while Peregrine Cust's Prana netted 2.12% for a hefty YTD gain of just under 55%.

Tell added nearly 6% in August to bring its YTD return into positive territory with a 2.36% gain - while M&G's Episode added 1.16% for an impressive 26.44% gain YTD.

Others in the black included Brevan Howard, which rose 0.64% for a YTD gain of nearly 15%. COMAC Global Macro, which