The Apeiron Global Macro Fund gained +1.16% in March, after a loss of -0.95% in February. The 2009 return for the Fund now stands at +4.02%.
Key events in March included quantitative easing strategies by central banks in the USA, UK and Japan, improving sentiment in global commodities markets and ongoing negative data coming out of Japan.The Fund ended March long gold, AUD, wheat, Nikkei and USD/JPY and short gilts and Japanese government bonds.
