Macro economist PMs
I understand this may be a silly question to those of you in the field, so please bear with me. From what I understand there are two main camps of macro PMs. One type comes from abackground, understands how all the products work, and is very good at putting on asymmetric bets using option structures. The other type hails from a more academic background, probably has a PhD, went to work as an economist at a think tank or central bank, and then somehow ended up money management, where they put on trades based on a longer term economic view rather than playing one data print to the next.
For those of you who have more insight into this - is either breed of PM generally more successful? And second, what firms would employ the economist type of PM? Seems like a lot of the famous ones you hear about take on traders as PMs, but I haven't heard much about where the economist types can go to have a shot at managing money. Thanks all.