This commentary has been prepared by Graham Capital Management, the investment manager of the Graham Quant Macro strategy, the underlying strategy of the Ironbark GCM Global Macro Fund.
Going into 2022 market participants were reminded of the ongoing fragility of global markets as pockets of volatility emerged and global economic uncertainty persisted, further emphasizing the importance of diversified portfolios and disciplined, proactive risk management. In the current investment landscape, macro strategies present an important portfolio construction tool for investors seeking an alternative means to enhance portfolio returns, reduce volatility, and maintain diversification. Looking ahead, we believe central bank activity and ongoing macroeconomic developments will present significant opportunities for the strategy.
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Commentary as at January 2022. Source: Graham Capital Management, L.P. 40 Highland Avenue Rowayton, CT 06853, USA.
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