From Morgan Stanley
Macro funds as they, according to our PB data, have underperformed broader hedge funds as well as the long/short community meaningfully for all years but one dating back to 2010 (see charts below).
From Morgan Stanley
Macro funds as they, according to our PB data, have underperformed broader hedge funds as well as the long/short community meaningfully for all years but one dating back to 2010 (see charts below).