GLOBAL MACRO ARBITRAGE:
A NEW HEDGE FUND
book opens with the first systematic
presentation with examples of the
"global macro" hedge fund
investment style, a strategy pioneered by
Soros, Robertson et. al. based primarily
on (directional) views on macroeconomic
trends. This is an original book however
proposing a new macro trading and
investment strategy: Global Macroeconomic
new investment philosophy is to detect
and take advantage of "holes"
between market relations and their
underlying macroeconomic relations. The
arbitrage of such macroeconomic
mispricings in global markets is done
through non-directional long/short or
Although using macroeconomic information,
the trades are ultimately long/short and
even market neutral which makes macro
arbitrage a new long/short trading and
in the midst of the "global
financial crises domino", the book
has dozens of examples showing how to use
macro arbitrage in market turmoil and how
the recent global financial crises
contributed to closing macro mispricing
gaps in markets.
dislocations during crisis periods are
shown to be macro arbitrage
opportunities. The book proposes thus one
possible path from subjective
macroeconomic views-based investment and
trading to arbitraging objective macro
mispricings in global markets.
If you are
interested in ordering the book click
'Macro Trading and Investment Strategies'
with Amazon.com or J Wiley & Sons
INNOVATE OR PERISH: CHANGING GLOBAL MACRO TO HELP IT SURVIVE IN DIFFICULT MARKETS
Read the Financial Times article: 'Burstein's
by Daniel Bögler, Global Investor 14
Arbitrage: a solution to hedge funds'
Fund Management section edited by Mike
Foster, Financial News 26 July 1999
Ph.D. Appl. Math, M.Sc. Comp Sci.
Global Head Traditional and Alternative Fund and Multi-Asset Portfolio Investment Strategy and Research
Former Global Head of Investment Research, Head of Mutual and Hedge Fund Research, Lipper and Wealth Management, Investment & Advisory Thomson Reuters (until May 2011)
10+ years Global Head Fund & Multi-Asset Portfolio Investment Strategy Groups focused on new fund products, asset allocation strategic/tactical, portfolio solutions/model portfolios, fund of funds, mutual and hedge fund/alternative research: Lipper, ex-HSBC and Daiwa Securities, Goldman Sachs and
"Global macro investment strategy"
US and Japan 2001
cell (646) 637 6478