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Caxton Associates

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Global macro hedge fund management firm.

Last updated November 4, 2026

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Overview

Caxton Associates is a global macro hedge fund management firm founded by Bruce Kovner in 1983. The firm manages various investment strategies including macro, relative value, and systematic strategies. Caxton is known for its trading in currencies, interest rates, and commodities.

Products and positioning

High-end asset management focused on global macro strategies.

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