Macro Hedge Fund Strategies — How the Best Do It

Bridgewater, Tudor, Soros Fund Management — the world's greatest macro funds have produced decades of consistent outperformance using approaches that most investors can study and partially apply without institutional resources.

Why This Matters

Global macro hedge funds trade across asset classes (equities, bonds, currencies, commodities) based on macroeconomic views. Unlike long-only equity funds constrained to stock selection, macro funds can express views on economic cycles through any instrument and in any direction. The discipline combines rigorous economic analysis with rigorous risk management — the combination that allows macro funds to survive the inevitable occasions when their views are wrong.