For decades, discretionary macro hedge funds were the most exciting (and sometimes provocative) area in global finance. They offered investors very attractive risk-adjusted returns that were not correlated to the stock market. In recent years, their performance has lagged the stock market and the discretionary manager landscape has been left for dead.
For decades, discretionary macro hedge funds were the most exciting (and sometimes provocative) area in global finance. They offered investors very attractive risk-adjusted returns that were not correlated to the stock market. In recent years, their performance has lagged the stock market and the discretionary manager landscape has been left for dead.
Share this Article
Recommended