Executive Summary
Over its live trading history, First Quadrant’s Global Diversified Macro has delivered on its objective to provide double-digit returns that are uncorrelated to broad markets, common factors, and other macro alternatives.Because of its dual return-correlation potential, we believe Global Diversified Macro could nicely complement an absolute return, alternatives, or hedge fund bucket, regardless of the existing cadre of managers.In this paper, we offer a few candidate examples