07.01.2020 Systematic Global Macro strategies appear to be more sensitive to equities than usual
Laxman Pai, Opalesque Asia:

In the hedge fund space, Lyxor believes that Global Macro and Merger Arbitrage strategies are the most appealing hedge against a worst-case scenario of renewed geopolitical tensions.

In Q2-15, such strategies outperformed while CTAs suffered a sharp drawdown, said Lyxor in its weekly brief.

Some factors might nonetheless lead to different outcomes for CTAs th

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