MACRO ADVISORY · G10 FIXED INCOME & FX
An advisory service for portfolio managers who want to think differently about macro
I offer an integrated macro advisory service to portfolio managers and CIOs at hedge funds and mutual funds that combines a regular research subscription with a direct, ongoing advisory relationship. The goal is not just to inform, but to give clients a genuine edge in how they think about and position for macro themes across G10 fixed income and FX markets.
THE SERVICE
One integrated service. Four pillars.
Every client receives the full service - there are no tiers or partial subscriptions. Research, analysis, investment themes and direct access are all included under a single annual fee, giving portfolio managers everything they need to act on macro themes with conviction
Regular research
Up to three pieces per week covering markets, inflation, debt dynamics and policy across G10 economies
Monthly meetings
In-person monthly research presentation and discussion — a consultative relationship, not just a feed of reports
Investment themes
Actionable fixed income and FX themes grounded in the debt cycle framework, with clear entry rationale
Direct access
Ongoing access to discuss themes, test ideas and get a macro perspective on specific positions or market questions
RESEARCH COMPONENTS
Country macro deep dives
In-depth reports on individual economies covering government and private sector debt dynamics, inflation trends, and the likely future path of fiscal and monetary policy. Each report identifies the key risks and investment implications for fixed income and FX.
Ad hoc
Weekly market commentary
Assessment of the week's key financial market moves across fixed income, FX, equities and commodities — with a macro framework to explain what is driving price action and what to watch next.
Weekly
Inflation data analysis
Timely analysis of CPI and inflation releases across G10 economies — breaking down the components, assessing the trend, and drawing out the implications for central bank policy and rates markets.
On release
Debt sustainability & scenario analysis
Structured analysis of government debt trajectories under different growth, inflation and interest rate scenarios — identifying which sovereigns face genuine sustainability risks and when markets are likely to price them in.
Ad hoc
Monthly market sentiment analysis
A structured monthly review of sentiment across equity, fixed income, FX and commodity markets — presenting buy and sell signals derived from both fundamental and technical analysis.
Monthly
Fixed income & FX investment themes
Actionable investment themes across G10 fixed income and foreign exchange markets — grounded in macroeconomic trends and debt cycle analysis, with clear entry rationale and risk parameters.
Ongoing
THE ADVISORY RELATIONSHIP
Regular in-person meetings — included for all subscribers
Every subscriber receives regular in-person research presentation and discussion. This is not a passive subscription — it is an ongoing advisory relationship. Each meeting covers the current macro outlook, active investment themes, and any questions or positions the client wants to discuss directly. It is the forum where research and real-world portfolio management meet.
WHO THIS SERVICE IS DESIGNED FOR
Designed for
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Portfolio managers at hedge funds and mutual funds with G10 fixed income or FX exposure
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Chief investment officers seeking an independent macro perspective to complement internal research
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Managers who want a framework — not just data — to navigate macro cycles with conviction
What clients get
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A consistent debt-cycle framework applied across all G10 economies — not ad hoc views
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Independence from bank house views and consensus — analysis driven by the data, not the narrative
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30 years of pattern recognition across geographies and cycles, applied to current markets