Asset AllocatorJul 31 2024

The funds which highlight the power of macro

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The funds which highlight the power of macro
The decisions of central bankers such as Christine Lagarde, Jay Powell and Andrew Bailey can have big impacts on fund performance

One of the most common refrains we hear when lunching with a fund manager is that the prevailing macroeconomic climate isn’t relevant to how they do things - their fund will be completely unaffected.

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