The Return of Currency and Carry – Time to Allocate to FX Traders?
- By Alan Dunne
- 4 min read
Summary
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- After a strong 2022, global macro investing is back in vogue.
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- One segment of the global macro industry that has particularly benefited from the changed environment is FX trading.
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- Dedicated FX managers are seeing a resurgence of performance and, for diversified macro managers and commodity trading advisors (CTAs), FX trading has become an important driver of returns.
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- For hedge fund allocators, FX managers are now one of the few strategies that may benefit both from higher and more volatile interest rates.
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