Hedge Funds
Recent market action has supported hedge fund strategies with significant exposure to currency and fixed-income trends, according to Lyxor Asset Management’s most recent Weekly Brief. The Lyxor Hedge Fund Index was up 0.3% in the week through February 2, outperforming the MSCI World Index by a small margin. All sub-strategies except Fixed Income contributed to the performance, with Global Macro funds primarily supported by short positions on the yen and long duration positions in U.S. fixed income. The company’s CTA and Long/Short Equity measures were largely flat, each eking out gains of 0.1%, while Event-Driven booked 0.2%. Global Macro performed...