Miami, Florida-based asset management and investment advisory firm Noctua Partners reported that its global macro fund, the Alto Global Fund was almost flat in May with -0.64% losses but still managed to stay in the black with 3.06% profits year-to-date.

In comparison, the HFRI Macro (Total) Index fell -1.00% during the same month and was up 1.13% YTD. Overal