CIO Memo: Macro Allocation Perspectives for 2024

Jan 4, 2024 | Insights

Our look ahead surrounds a viewpoint. We focus on strategic portfolio value. Where can Macro contribute the most? And how might this change in the year ahead? The engines are returns, noncorrelation, and downside performance. Each contributes in essential ways....

Finding Value in Drawdowns

Jun 3, 2023 | Insights

A drawdown is a decline following a recent peak of investment gains. Most investments have them, and they share one thing in common. Nobody likes them. Behaviorally, many feel emotional tension, their minds still anchoring on the recent high. Investors’ natural...

The Big Picture: The global macro investing environment has come back to normality

Feb 22, 2023 | News, Articles, & PR

B. G., Opalesque Geneva In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the themes expected to affect global macro investing and the commodity markets. Welton is an alternative asset manager founded in...

With the war, E, S, and G have collectively moved back to the fore

May 2, 2022 | Insights

B. G., Opalesque Geneva In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the commodity markets, including crude oil, and ESG investing this year. Welton is an...

The Big Picture: Debt, growth and rates’ abnormal relationships creating abnormal conditions (Part II)

Jan 14, 2022 | News, Articles, & PR

B. G., Opalesque Geneva In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, an alternative asset manager, offers his observations on the major macro themes expected to affect the markets in 2022. In this final part, he talks about ESG...