The runaway champion of the current market turbulence has been the Brevan Howard fund called BH Macro (LSE: BHMG), which is up 20% in share-price terms year-to-date. Its returns are so good that it has left traditional defensive funds such as Personal Assets (down 5%), Ruffer Investment Company (up 4.5%) and Capital Gearing (up 5.4%) in the dust.
To be fair, this trio
