net_left Kdata adver left

Macro hedge funds end 2022 on high, many others lose big, investors say

Wednesday, January 11, 2023
Macro hedge funds end 2022 on high, many others lose big, investors say © Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 5, 2023. REUTERS/Andrew Kelly
let atwWrapper,atwContainerWidth,atwSliderBox,atwTotalWidth; function initATWSlider() { atwWrapper = $('.relatedInstruments'); atwSliderBox = atwWrapper.find('.slider'); atwContainerWidth = atwWrapper.width(); atwTotalWidth = atwSliderBox.width(); if(window.domainId === '2' || window.domainId === '3'){ atwWrapper.find('.sliderRight').addClass('js-slider-prev'); atwWrapper.find('.sliderLeft').addClass('js-slider-next'); } else { atwWrapper.find('.sliderRight').addClass('js-slider-next'); atwWrapper.find('.sliderLeft').addClass('js-slider-prev'); } if(atwSliderBox.find('.instrumentBox').length > 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name')()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } } function atwMoveLeft() { atwWrapper.find('.js-slider-next').fadeIn(150); $(".slider > :visible:last").hide(150); $(".slider > :visible:first").prev().show(150); if(!$(".slider > :visible:first").prev().find('.name')()){ atwWrapper.find('.js-slider-prev').fadeOut(150); return; } } initATWSlider(); //update star icon on adding/removing instrument to/from specific watchlist atwWrapper.on('click', 'label.addRow', function() { let parent = $(this).parent(); let checkedPortfolio = false; parent.find('input[type=checkbox]').each(function () { if($(this).is(':checked')){ checkedPortfolio = true; } }); let closestStar = $(this).closest('.addToPortWrapper').find('.star'); if(checkedPortfolio){ closestStar.addClass('added'); }else{ closestStar.removeClass('added'); } }); //update star icon on creating new watchlist atwWrapper.find('.js-create-watchlist-portfolio').find('a.js-create').on('click',function () { let parent = $(this).parent(); let watchlistName = parent.find('input[type=text]').val(); if(!watchlistName){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); //update star icon on adding new position atwWrapper.find('.js-create-holdings-portfolio').find('.js-submit').on('click',function () { let addPositionForm = $(this).closest('.addToPortfolioPop').find('.holdingsContent'); let amount = addPositionForm.find('.js-amount').val(); if(amount < 1){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); atwWrapper.find('.instrumentBox').find('.shortInfo').on('click',function () { if(!window.ga){ return; } let pairId = $(this).parent().find('.js-add-to-portfolio').attr('data-pair-id'); let pairType = window.atwPairTypes[pairId]; window.ga('allSitesTracker.send', 'event', 'content', 'symbol link clicked', '', { "dimension147":"symbol_link_clicked", "dimension163":"click", "dimension148":"symbol", "dimension162":"content add to watchlist", "dimension161":"article page", "dimension142":"article", "dimension75":pairType, "dimension138":pairId, "dimension118":"2977689" }); window.open($(this).attr('data-href')); }); window.atwPairTypes = {"166":"indice","21092":"Equities","942647":"Equities"};

By Svea Herbst-Bayliss

NEW YORK (Reuters) - Some hedge funds that bet on macroeconomic trends boasted eye-popping double and even triple digit gains for 2022, investors said, while other prominent firms that were long on technology stocks got clobbered with deep losses in volatile markets.

Rokos Capital, run by Chris Rokos and one of a handful of so-called global macro firms, gained 51% last year. Brevan Howard Asset Management, the firm Rokos once worked for, posted a gain of 20.14% and Caxton Associates returned 16.73%, investors in the funds said this week, asking not to be identified.

Haidar Capital Management's Haidar Jupiter Fund surged 193%, an investor said.

Many macro managers sidestepped tumbling equity markets rocked by fast-paced interest rate hikes and geopolitical turmoil including the war in Ukraine to rank among the hedge fund industry's best performers, data from Hedge Fund Research show. The firm's macro index gained 14.2% while the overall hedge fund index dropped 4.25%, its first loss since 2018.

Equity hedge funds, where the bulk of the industry's roughly $3.7 trillion in assets are invested, however fared worse with a 10.4% loss, according to HFR data. While that beat the broader stock market S&P 500 index' 19.4% loss, some prominent funds posted even bigger losses.

Tiger Global Management lost 56% while Whale Rock Capital Management ended the year with a 43% loss and Maverick Capital lost 23%. Coatue Management ended 2022 with a 19% loss.

But not all firms that bet on technology stocks suffered. John Thaler's JAT Capital ended the year with a 3.7% gain after fees following a 33% gain in 2021 and a 46% gain in 2020.

Sculptor Capital Management (NYSE:SCU), where founder Dan Och is battling the firm's current chief executive in court over his rising pay, posted a 13% drop.

David Einhorn's Greenlight Capital, which bet that Elon Musk would end up being forced to buy Twitter, ended the year with a 37% gain while Rick Sandler's Eminence Capital was up 7%.

A number of so-called multi-manager firms where teams of portfolio managers make bets on a variety of sectors also boasted positive returns and were able to make good on promises that hedge funds can deliver better returns in tumbling markets.

Balyasny's Atlas (NYSE:ATCO) Enhanced fund gained 9.7% while Point72 Asset Management was up 10%. Millennium Management gained 12% while Carlson Capital ended the year with a 7% gain.

Representatives for the firms either did not respond to requests for comment or declined to comment.

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
04-03-2024 14:08:30 (UTC+7)

EUR/USD

1.0850

+0.0014 (+0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

EUR/USD

1.0850

+0.0014 (+0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

GBP/USD

1.2670

+0.0020 (+0.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

USD/JPY

150.36

+0.25 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

AUD/USD

0.6525

+0.0002 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (3)

USD/CAD

1.3560

+0.0003 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

EUR/JPY

163.14

+0.53 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (11)

Sell (0)

EUR/CHF

0.9578

-0.0004 (-0.04%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (4)

Gold Futures

2,093.70

-2.00 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

Silver Futures

23.288

-0.076 (-0.33%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

Copper Futures

3.8570

-0.0015 (-0.04%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

Crude Oil WTI Futures

79.78

-0.19 (-0.24%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Brent Oil Futures

83.47

-0.08 (-0.10%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Natural Gas Futures

1.883

+0.047 (+2.56%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

US Coffee C Futures

184.13

-0.22 (-0.12%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (4)

Euro Stoxx 50

4,894.05

+16.28 (+0.33%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

S&P 500

5,137.08

+40.81 (+0.80%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

DAX

17,735.00

-0.07 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

FTSE 100

7,682.50

+52.48 (+0.69%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

Hang Seng

16,530.50

-58.94 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

US Small Cap 2000

2,076.39

+21.55 (+1.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

10,064.70

+63.40 (+0.63%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

BASF SE NA O.N.

47.985

+0.910 (+1.93%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (8)

Bayer AG NA

28.33

+0.24 (+0.85%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Allianz SE VNA O.N.

251.80

-2.05 (-0.81%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (2)

Adidas AG

187.00

-0.12 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Deutsche Lufthansa AG

7.191

+0.003 (+0.04%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

181.28

-1.66 (-0.91%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (4)

Deutsche Bank AG

12.566

+0.204 (+1.65%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (0)

Sell (6)

    EUR/USD 1.0850 ↑ Buy  
    GBP/USD 1.2670 ↑ Buy  
    USD/JPY 150.36 ↑ Sell  
    AUD/USD 0.6525 ↑ Buy  
    USD/CAD 1.3560 ↑ Sell  
    EUR/JPY 163.14 ↑ Buy  
    EUR/CHF 0.9578 Sell  
    Gold 2,093.70 ↑ Buy  
    Silver 23.288 Sell  
    Copper 3.8570 Sell  
    Crude Oil WTI 79.78 ↑ Sell  
    Brent Oil 83.47 ↑ Sell  
    Natural Gas 1.883 ↑ Sell  
    US Coffee C 184.13 Neutral  
    Euro Stoxx 50 4,894.05 Buy  
    S&P 500 5,137.08 ↑ Buy  
    DAX 17,735.00 ↑ Sell  
    FTSE 100 7,682.50 ↑ Sell  
    Hang Seng 16,530.50 ↑ Buy  
    Small Cap 2000 2,076.39 ↑ Buy  
    IBEX 35 10,064.70 ↑ Buy  
    BASF 47.985 ↑ Sell  
    Bayer 28.33 ↑ Sell  
    Allianz 251.80 Buy  
    Adidas 187.00 ↑ Buy  
    Lufthansa 7.191 Sell  
    Siemens AG 181.28 Sell  
    Deutsche Bank AG 12.566 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,850/ 8,000
(50/ 50) # 1,762
SJC HCM7,870/ 8,070
(90/ 40) # 1,831
SJC Hanoi7,870/ 8,072
(90/ 40) # 1,833
SJC Danang7,870/ 8,072
(90/ 40) # 1,833
SJC Nhatrang7,870/ 8,072
(90/ 40) # 1,833
SJC Cantho7,870/ 8,072
(90/ 40) # 1,833
Cập nhật 04-03-2024 14:08:32
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,084.84 +1.36 0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V24.43024.910
RON 95-III23.92024.390
E5 RON 92-II22.75023.200
DO 0.05S20.77021.180
DO 0,001S-V21.76022.190
Dầu hỏa 2-K20.78021.190
ↂ Giá dầu thô thế giới
WTI $79.33 +1.87 0.02%
Brent $83.28 +1.57 0.02%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.470,0024.840,00
EUR26.059,0027.489,12
GBP30.431,4131.726,40
JPY159,36168,67
KRW16,0319,43
Cập nhật lúc 14:01:55 04/03/2024
Xem bảng tỷ giá hối đoái
adver main right