Apeiron's Global Macro Fund has continued the recent positive performance, returning +5.21% after fees in October, as a follow up from September's performance of +7.22%. On a 2008 YTD basis the fund has returned an impressive 19.81%, in line with their annualised return since inception in February 2006 of +19.47%.
Apeiron's performance report indicated that the result was achieved in spite of remaining heavily weighted towards cash, with remaining exposure predominantly on the short side, and as a macro manager trading futures and FX markets, not inhibited by the equity short selling bans.
