Quality and "The Middle Way" of Investing
Erick Rawlings, managing director, research, delves into the idea of quality investing. Rawlings contextualizes the underlying thesis by comparing it to the more well-defined styles of value and growth with hypothetical scenarios.
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.