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UPDATE 1-Macro hedge fund EDL Capital returns nearly 17% so far in 2025, says source
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Adds EDL Capital AUM in paragraph 5
By Nell Mackenzie
LONDON, March 10 (Reuters) - Hedge fund EDL Capital, which trades assets such as currencies and bonds based on global macro economic outlooks, has returned nearly 17% so far in 2025 to March 7.
The fund run by star trader, Edouard de Langlade, a former member of Moore Capital, had finished February up 5.9% bringing its year-to-date performance to a 6.7%, said the source.
But the fund then returned another 10% so far in volatile March markets, when 10-year German bonds suffered their largest weekly yield sell-off since 1990, the euro jumped with its largest gain since March 2009 and the S&P 500 saw its biggest weekly fall in six months.
The broader hedge fund industry is up 1.3% this year to the end of February, according to hedge fund research firm, PivotalPath.
EDL Capital managed around $1.3 billion as of the end of February.
(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe, Karin Strohecker and Louise Heavens)
((Nell.Mackenzie@thomsonreuters.com;;))


