Rubicon — a macro hedge fund in London — has lost a third of its value this year

Sep 21 2017 by Business Insider

 

NEW YORK – Rubicon Fund Management, a large London hedge fund focused on trading around global economic events, has suffered a 33.2% loss in its flagship fund this year. 

The losses were disclosed in investor documents reviewed by Business Insider.

Ross Gillam, a spokesman for Rubicon at external PR firm Instinctif Partners, didn't respond to a request for comment.

In a July letter to investors reviewed by Business Insider, founder Paul Brewer attributed about half of the year's losses...

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