A hybrid approach - one that blends the strengths of open transparency, reduced restrictions on trading talent, better liquidity for investors, and diversified allocation methods –may provide investors with a better solution
May was one of the strongest months for FX managers in the past year, even while the choppy ranges in G7 currencies vs. the US dollar made trading difficult
Discretionary Global Macro managers experienced a wide range of results in April, although the better performing programs took concentrated positions in commodities, currencies, and equities
We see many potential ways in which crypto innovation can be a solution to regulatory challenges. Critically, there is a wide range of outcomes for crypto regulation and adoption around the world