The Omni Macro Fund posted a gain of 2.2 percent in August, bringing the YTD gain to -2.31 percent. Omni Macro has been down in five of the eight months that ended on August 30. GBP likely to show more strength The monthly investor letter obtained by ValueWalk comments on the consistent gains in pound sterling, despite of Bank of England’s best efforts. The PMI and unemployment data in the UK has continued to show strength, which has translated to UK rates and GBP. The fund has maintained shorts in EUR against GBP and also has short positions in June…
Omni Macro Bearish U.S. Housing, Emerging Markets
HFA Staff
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