|Hong Kong-based Guard Capital, a macro hedge firm launched in August, rocketed to the top of its peer group with an 11 percent gain in September. As reported by Reuters, Guard Capital, founded by former Goldman Sachs trader, Leland Lim and ex-Noble Group trader, Allan Bedwick, struck gold in September with its big bets in the currency and interest rate markets. |
Recent volatility in currencies and the decision by the Federal Reserve to curb its bond purchases has awakened the foreign exchange market, rewarding macro hedge funds which have struggled over the last year.
|Hedge Fund Lists|
Global hedge fund giant, Brevan Howard, managed a 4.4 percent gain in its macro hedge fund in September.