“Navigating Global Macro”
Foundation & Endowment Money Management
August 2011
Selected excerpts:
“Macro is a key ingredient in any well-diversified portfolio, particularly for nonprofits… Harnessing long-short capital flows between and among asset classes yields some of the most diversifying returns available to an investor… Moreover, because macro managers trade markets and currencies across the globe, diversified macro managers are not beholden to any particular sovereign currency fluctuations.”
– Patrick Welton, CEO, Welton Investment Corporation
