Woodbine Capital Suffers A Tough August Along With Other Macro FundsVW Staff
Woodbine Capital had a tough August. The fund was down 4.6 percent in the last month, which has plummeted the YTD returns down to -0.78 percent. The fund was doing no wrong in the UK and given the dovish outlook of the Bank of England, was positioned on the long side of interest rates and equities. However, despite Mark Carney's assertion that interest rates will remain unchanged, markets chose to focus . . .
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