Best macro minds of the next generation?
EDIT: Let's try this a different way. Leaving the legendary greats behind (Soros/Tudor/Bacon/Kovner/Druckenmiller/Howard/Platt), who are some of the top macro managers of the next generation? Hopefully this will generate a better list of less-renowned-but-still-excellent funds.
All of the multi-manager macro funds have a systematic division. Not sure why you'd want to avoid those funds completely.
Here are few "philosophically pure" discretionary macro funds worth looking into: MAN AHL, ASPECT CAPITAL, WINTON CAPITAL, IKOS, TRANSTREND, ALTIS PARTNERS
Most of the junior-level postings for the well-known multi-manager macro platforms that I've seen have been for quant/systematic roles, so instead of aiming for a discretionary "pod" within one of those platforms, I figure it'll be more effective to target discretionary-only shops...if only I knew which they were. Something like Keith Anderson's shop, or Argonaut.
As for why discretionary over systematic...I don't see myself capable of developing an edge in the latter, nor do I find it very interesting compared to the former.
Edit: what a troll. I know AHL and Winton are huge in the systematic space, so not going to bother looking up the rest...
D.E Shaw is expanding their discretionary macro unit. You're welcome.
The closest thing to a "pure" style you will find really are Tudor, Caxton, Moore, Brevan Howard...
Each of them have a systematic fund so according to OP they aren't pure. Moore shut down their systems trading group years ago but I think some PMs there still trade systematically or quantitatively.
EDIT: Let's try this a different way. Leaving the legendary greats behind (Soros/Tudor/Bacon/Kovner/Druckenmiller/Howard/Platt), who are some of the top macro managers of the next generation? Hopefully this will generate a better list of less-renowned-but-still-excellent funds.
Yeah Jim Rogers is... uh lol. Greg Coffey did make a killing at GLG though, but definitely not a mind of a generation.
David Gerstenhaber
Argonaut seemed to be having a rough time last I checked (which was middle of last year)
Thoughts on Hugh Hendry?
Yeah, I do like some of the stuff he says, but at times he's a little too "zero hedge-ish" for me.
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