Macro strategies have been having a bit of a renaissance as of late, but what that looks like widely varies as the belief about what the future holds for inflation and interest rates has become a divisive issue in and among market observers.
Decio Nascimento, CIO of $115 million macro hedge fund firm Norbury Partners, draws a distinct line between the traditional discretionary macro of the past and today’s macro strategies, which have been increasingly impacted by both the U.S. Federal Reserve and politically fraught inflation speculation.
“For the past six months it . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.