Global Macro

The Global Macro strategy aims to deliver uncorrelated absolute returns through leveraged long–short exposures to liquid derivatives contracts.

At a Glance


 

Designed to generate attractive risk-adjusted, uncorrelated returns to stocks and bonds

Seeks to harvest alternative return premia of carry, momentum, and value



Through adherence to a broadly transparent, rules-based investment process, the Global Macro strategy seeks to harvest the alternative return premiums of carry, momentum, and value via prudently leveraging long–short exposures to a broad array of 50+ liquid derivatives contracts in various stock, bond, currency, commodity, and volatility markets.


The strategy’s rules-based process is broadly transparent (reducing governance requirements), focuses on liquid markets, and utilizes banding to ensure that only meaningful signals are traded on—lowering overall portfolio turnover and transaction costs. The cost-minimizing structure of Global Macro allows it to have fees significantly lower than traditional hedge funds.

Utilizes leveraged long–short exposures to liquid derivatives contracts across asset classes and geographies

Adopts a rules-based, transparent, low-cost structure


Investment Information

For information on how to invest in Parametric Research Affiliates Systematic Global Macro, click below.

 


Related Materials

Articles

Systematic Global Macro

By Chris Brightman Shane Shepherd

December 2016 | Read Time: 20 min

The alternative factor premia of carry, momentum, and value may be combined to produce an attractive and diversifying source of investment return relative to the low yields and low returns of mainstream stocks and bonds.