Track record of Soros Quantum Fund ?

Discussion in 'Trading' started by virgin, Feb 18, 2007.

  1. virgin


    Anybody know where to find the year by year track record of the Quantum Fund operated by Mister Soros ?
  2. A handful of global macro traders dominate the global macro world -- though, unlike Soros, they are remarkably secretive and publicity shy. The only time you'll see the names of these multi-billionaire traders in the business press is when they pop up on the annual Forbes 400. The traders include Bruce Kovner (Caxton), Louis Bacon (Moore Capital), and Paul Tudor Jones (Tudor investments). They regularly take home between $200 million and $1 billion a year.

    These global macro traders have compiled extraordinary track records. Soros' Quantum Fund returned 30% per annum between 1968 and 2000. Bruce Kovner's long-term record may be even better. Paul Tudor Jones racked up five back-to-back 100%+ years early in his career. The global macro strategy has done well over the years. Between January 1990 and December 2005, global macro hedge funds have posted average annual returns of 15.62%. That's about 5% more than the S&P over the same period -- and with only half the volatility.

    But take a closer look and you'll see that the bulk of these returns were generated in the 1990s. The returns of even the top global macro hedge funds have dropped precipitously since the dotcom crash. One major player -- Julian Robertson of Tiger Asset Management -- threw in the towel after poor returns in 2000. Those that have maintained their original strategies have produced only single-digit percentage returns in recent years, underperforming even the relatively anemic S&P 500.
  3. the macro funds returns are based on bubbles or accelerated price increases. No bubbles means no returns.

  4. They are just longterm trendfollwers........bubbles result in a trend and accelerated price movements don equal trends. Its just that they base their reason for putting on a trade through fundamental analyses, but essentially rely on a trend to make a profit.
  5. virgin


    I am looking for a detailed year-by-year performance track record .