Global Macro Fund news from FierceFinance

Claren Road's performance has been solid this year; the New York hedge fund is up 20 percent on a total return basis after gaining 10 percent in 2008, according to MarketWatch. So why did Citigroup... Read more...

Is the glass half full or half empty for Fortress? No doubt it had a bad 2008, when it lost $3 million. It was also forced to temporarily cease redemptions from its flagship hedge fund, Drawbridge... Read more...

In the golden era of macro hedge funds, names like Soros, Robertson, Bacon and Kavner inspired awe. People still talk of Soros as the man who nearly broke the Bank of England. Quietly, these funds... Read more...

Citadel has hit a rough patch as of late, and this has coincided with some big changes. MarketWatch reports that the big fund company run by Ken Griffin--whose star burned so brightly not so long... Read more...

We knew that July and August were tough. But just how tough for hedge funds? The Hennessee Hedge Fund Index has fallen 4.1 percent year-to-date. In August alone, it fell .72 percent. The index has... Read more...

We've noted recently that the hedge fund industry's dynamics have morphed in the wake of the credit crunch. Investors are still ravenous for hedge funds, but they are astute enough to note that the... Read more...

The likelihood that hedge funds would clamp down on redemptions went way in the past year; I can't think of a better way to piss off... Read more...