Global Macro Strategies


The Global Macro Alpha (“GMA”) strategy is predicated on the belief that a wide range of asset classes including publicly traded equity, fixed income, currency and commodities offer a broad set of attractive and diversified investment opportunities. Consistently identifying these opportunities through a series of alternative investment techniques and combining them together in a risk budgeted framework that emphasizes true diversification is the key to building portfolios that generate higher risk-adjusted returns than those achieved by other asset allocation approaches.

PanAgora’s GMA strategy seeks to allocate risk equally across a series of Portable Alpha strategies, each designed to generate attractive risk-adjusted returns that are uncorrelated with systematic beta including, Global Equity, Commodity, Global Bond, U.S. Term Structure, German Term Structure, Developed Markets Currency, Emerging Markets Currency, and Multi-Asset strategies. In addition to a multi-asset capability certain single asset GMA strategies are offered on a stand-alone basis.

Absolute Return – Multi Strategy

  • Global Macro Alpha
  • Global Macro Alpha – Overlay
  • PanAgora Absolute Return 

 Absolute Return – Single Strategy

  • Currency Long/Short
  • Fixed Income Long/Short
  • Global Fixed Income Long/Short
  • Commodities Long/Short

Relative Return                                                                                                                

  • Fixed Income Diversified Opportunities
  • Global Equity Multi-Alpha

For information on any of these strategies, please contact us.