Veteran macro trader Adam Levinson is shutting down his hedge fund after being hit by losses amid ongoing bond market volatility.
Graticule Asia macro hedge fund has plunged more than 25% this year, mostly during the days after the collapse of Silicon Valley Bank.
Graticule, based in Singapore, becomes the first known high-profile hedge fund felled by wild swings in bond markets, which were triggered by the SVB’s collapse as traders pulled bets on further rate hikes by central banks.
https://finance.yahoo.com/news/levinson-graticule-macro-hedge-fund-170046125.html