Global macro flavour of month

Global macro hedge fund strategies are flavour of the month among fund of fund investors, according to speakers at the February Marhedge conference in Paris.

Two years ago many fund of funds investors at the GAIM conference in Geneva said they were not investing in global macro as the strategy was too unpredictable.

At the time, some fund of fund managers felt there were too few data points at which global macro managers' performance and skill could be gauged. In addition, the perception was t