Find me 50 Macro managers, and I’ll show you 50 different investment strategies,” or so goes the old joke. True, Macro investing is very dependent on the manager employed, and his success is tied to the ability to match his strategy to the current market environment.  However, Macro investing offers several advantages over the majority of hedge fund strategies that trade small, “niche” markets, or are successful only during narrow windows of opportunity. Macro Style investing is diversified, covering the global marketplace, and invests in the largest, most liquid investment markets—usually stocks, bonds and currencies—and is therefore less dependent on market size for good returns. This is important for institutional investors, which must use the markets to invest ever larger sums of capital. Macro is a suitable investment style also because of its generally longer term investment approach. Macro managers invest in themes—inflation, deflation, rising or falling dollar, rising or falling interest rates or stocks. To realize such themes in the markets requires a longer time horizon. Hence, Macro managers are investors first, and traders second.

A significant number of Marco Hedge Funds show high periodic returns, but with high volatility, bearing greater than desired risk. AEGIS, however, has enhanced this traditional approach by broadening its investment base to include stocks, bonds, currencies, metals and energies. The goal is reduced volatility and high returns using a greater variety of assets and strategies displaying negative or non-correlation. And because history never repeats itself in quite the same way, the AEGIS programs are continuously updated and enhanced through our research operation, to adapt to ever changing market conditions. The result is a steady record of respectable returns with lower than normal risk.