North Asset Management’s hedge funds were up in May, as macro news took a turn for the better in the period. The MaxQ Macro fund took in a gain of 2.5% whereas the Emerging Markets Fund was up by 0.67% in last month, according to monthly updates seen by ValueWalk. The flagship MaxQ Macro fund rose after three consecutive months of negative returns and is now up 0.32% for the year. On the other hand, the EM fund has been doing well all along, and is now up 11.3% YTD. MaxQ Macro fund makes the right call in eurozone Gains were…
MaxQ Macro Gains On Short EUR, Long Russian Debt
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.