Global Macro Hedge Funds: Man Versus Machine
November was an unusually poor month for quantitative/systematic (computer-traded) macro strategies, with many reputable names in the space down 5 to 9%. Conversely, it was an unusually strong month for discretionary (human-traded) macro strategies, with funds in Athena’s macro portfolio up 3 to 7%. By taking a closer look at this case study, we can better understand what to expect from both strategy types.
Webinar Recap: Defining Impact
A recent Fidelity webinar series featuring Athena Capital Advisors and The Global Impact Investing Network provided a primer on impact investing for family offices.