2011 was a rough year for hedge funds, but especially so for global macro funds, which struggled...

|By:, SA News Editor

2011 was a rough year for hedge funds, but especially so for global macro funds, which struggled to cope with a constantly shifting political landscape in Europe and the U.S. A Dow Jones Credit Suisse index estimates global macro funds collectively lost 10% of their value in 2011. Nonetheless, money continues to flow into the space, out of a belief macro funds will outperform in times of economic turmoil.