27 Jun 2017 Sharp divergence in returns between Event-Driven and Global Macro strategies
In line with first half 2017 trends in the Alternative UCITS market, Lyxor reports a sharp divergence in returns between Event-Driven and Global Macro hedge funds on their Managed Account Platform, with Event-Driven extending gains and Macro funds underperforming. Interestingly, the very same configuration was seen last year in June 2016 after which Macro funds experienced a sharp rebound in 2nd half of 2016 while the performance of Event-Driven funds eased.