Macro Hedge Funds: Zigging When the Markets Zag.

This article discusses the performance of macro hedge funds in different interest rate environments. It explains that higher interest rates can impact various asset classes, such as equities, credit, currencies, and commodities, leading to increased volatility and diversified investment opportunities. The article suggests that macro hedge funds, which generate returns based on large market movements, can outperform in these conditions and provide diversification benefits to investors. It concludes that skilled portfolio managers can take advantage of the opportunities presented by higher interest rates to drive returns in an uncorrelated manner. [Extracted from the article]