Big investors are pouring billions into macro funds — and even giving smaller names they normally wouldn't look twice at a chance. JPMorgan lays out what's driving the surge in interest.

· Most hedge funds struggled during times of extreme market volatility, according to a new report from JPMorgan.
· But one subsector of the industry, macro managers, have thrived in market chaos, JPMorgan found, including during this year's coronavirus sell-off.
· Now, institutional investors are turning to macro managers...