On today's episode of "The Macro Trading Floor," Andreas and Alfonso welcome Steve Drobny Founder and CEO at Clocktower Group for an inside look into the hedge fund industry.
With the past two years spurring the return of macro volatility, many macro hedge funds have arisen, posting high returns in the timeframe. Steve, with his extensive connections in the hedge fund industry, walks through the past two years of higher inflation and how this changed the investing landscape compared to the 12 years prior. He then goes on to discuss what the coming decade could look like. Have we entered a new regime, which could see the rise of more macro hedge funds as "macro is back with a vengeance?" To hear all this and more, you'll have to tune in!
--
Follow Clocktower Group: https://www.linkedin.com/company/clocktower-group/
Follow Andreas: https://twitter.com/AndreasSteno
Follow Alf: https://twitter.com/MacroAlf
Follow Blockworks: https://twitter.com/Blockworks_
Subscribe To The Macro Compass: https://themacrocompass.substack.com/
Subscribe To Stenos Signals: https://andreassteno.substack.com/
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
--
WisdomTree is a global ETF and ETP sponsor and asset manager founded in 2006 and with a track record of innovation and creating better ways to invest. Today, we offer a broad range of differentiated ETFs and ETPs across equities, thematics, commodities, fixed income, currencies, short and leveraged, and cryptocurrencies with over $80 billion in assets under management. For more information, please visit https://bit.ly/3VXYPkx
--
This episode is sponsored by Curve. Curve is unlike any other credit card. It gives you the power to connect multiple credit and debit cards into one, convert your cashback into crypto rewards, Go Back in Time , create Smart Rules, and more. Apply now through https://link.curve.com/blockworks_macro_trading, you’ll earn $20 in Curve Cash after your first transaction. So sign up today! Terms and conditions apply.
--
Referenced In The Show:
Blackstone’s BREIT Gets $4 Billion California Injection: https://www.bloomberg.com/news/articles/2023-01-03/blackstone-s-breit-ge...
--
Timestamps:
00:00 Introduction
01:08 The U.S Inflation Report
04:38 What Is Happening With The BoJ?
07:49 The ECB Is... Raising Rates?!
08:48 The China Reopening
10:33 Feature Interview With Steve Drobny
13:38 What Makes A Successful Macro Fund Manager?
21:57 “Curve Ad”
23:07 Macro Is Back With A Vengeance
29:14 Launching A Hedge Fund
33:54 “Wisdom Tree Ad”
34:27 The Growth Of Hedge Fund's In The Coming Decade
38:05 Post Interview
40:40 Trades For The China Reopening
45:19 Final Thoughts
--
Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
