The Global Macro Investor and the Crash
How did you do during the crash of 2008? Most investors lost a lot of money. In fact it is estimated that the world lost over 42% of its wealth at one point. If that sounds scary it is because it is. But dd anyone come out unscathed? In fact one group of investors not only didn’t lose money but they actually made money. This group of investors are known as global macro investors.
These global macro traders looked at the world from their multi asset class perch and decided that the risks to the global economy were great and many of them put the right trades on to profit from the eintire episode where the average investor lost almost half of their portfolio and net worth. In fact since 1994 when the first hedge fund database was built global macro funds are the number one performing strategy. If you are not trading global macro then you might want to ask yourslef if it is time to at least invest with a macro manager.
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