Around the same time last year, Lynx Asset Management marked the 25-year anniversary of its flagship strategy. This April, it is Excalibur Asset Management’s turn to celebrate a similar milestone, as its fixed-income macro strategy, Excalibur Fixed Income, reaches 25 years. As the second-longest-running hedge fund in Sweden, the strategy enters this anniversary period with a markedly improved backdrop, benefiting from the return of higher interest rates and elevated volatility.
“The key to 25...
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