Solid showing: Roadworks being carried out outside the Bank of England in London’s financial district. With inflation rates going up and down, it’s not going to be a clear path forward for the major economies or central banks. — Reuters
LONDON: Aspect Capital Ltd’s computer-driven trading models are thriving from the uncertainty that has many human investors ripping up their big macro calls.The US$7.5bil London-based hedge fund has seen a 21% year-to-date return in its flagship fund, thanks to bets on currency markets and commodities.
That beats the average 14% return for its trend-following peers and 3% for discretionary macro managers, according to Societe Generale SA’s indexes.
