Taking a wide view

Strategy: global macro


For investors looking for dependable returns, allocating to a global macro hedge fund could be seen as a sensible addition to a portfolio.

“In principle because of the breadth of the global macro universe, you ought to be able to make money in all environments and that’s an enormous advantage,” says David Rothberg of the Friedberg Mercantile Group and Niagara Capital Partners. “It’s also an enormous disadvantage. The skill set that’s required is much larger because in theory there’s no environmen