R-SQUARED MACRO

 

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ABOUT R-SQUARED

We are an institutional-focused global macro investment management firm

{ WHY R-SQUARED? }

We chose to name our firm after a statistical concept, r-squared, because it encapsulates our philosophy for research and investing. In statistics, r-squared measures how well a model fits a set of observations. As the number of meaningful data points increases, the model generally becomes better at predicting future outcomes and the r-squared value increases. We seek to maximize the r-squared of our research model by developing a deep understanding of the drivers of the global economy.

Research-Driven

Research is the core of our firm. We have studied hundreds of years' worth of global  macroeconomic trends and market data to develop a framework for evaluating current market conditions.

Global Perspective

Given the interconnections of the global economy, it is essential to understand economic, political, and market dynamics worldwide. We are experts in developed and emerging markets across the globe.

Exceptional Culture

Our firm culture and people are essential to our research, investment, and business processes. We foster a university-like atmosphere, encourage big thinking, and believe in a meritocracy of ideas.

OUR PROCESS

Our process for approaching the global markets

Research

Portfolio Construction

Trading

Risk Management

Portfolio Analytics

ECONOMIC AND MARKET RESEARCH

Using extensive historical studies, we have built a deep understanding of how the global economy operates and how markets are likely to react to changes in underlying economic drivers, such as growth and inflation.

 

With this knowledge, we aggregate and analyze real-time global economic and financial data and study changes in monetary policies, fiscal policies, exchange rates, and capital flows.

 

Based on our understanding of market drivers, we hypothesize how events are likely to unfold and the expected impact on global markets.

SEARCH FOR VALUE

Based on our theories for how global economic themes are likely to unfold, we search for value across global markets, looking for instances in which investors appear to be mispricing underlying economic realities across global equity indices, currencies, commodities, and fixed income markets.

 

At any given time, we monitor hundreds of these opportunities, selecting the ones with the most favorable risk-to-reward prospects to include in our portfolios. As we evaluate potential opportunities, we consider not only the merits of the investment on its own but also how it relates to other slices of our portfolio. Ultimately, we seek to construct portfolios with as many unrelated positions as possible to produce excellent risk-adjusted returns that are uncorrelated to traditional investments.

EXECUTING THE TRADES

Once we have identified the optimal opportunity set for our portfolio, we compare our desired exposures to our existing holdings and execute trades to match the two.

 

Depending on our economic outlook, we may take long, short, or spread positions in liquid markets around the world.

 

In order to determine when to execute a given trade, we consider market timing, current investor positioning, and price momentum.

FUNDAMENTAL FOCUS ON RISK

We evaluate ongoing risk at both the position and fund level.

 

On the position level, we monitor ongoing volatility and risk-reward characteristics, and we constantly evaluate incoming data to ensure that the underlying investment thesis still holds true.

 

On the portfolio level, we monitor the correlations of the fundamental underlying economic drivers among positions and seek to diversify our exposure across economic themes, asset classes, and regions.

 

We invest only in highly liquid markets, avoiding markets without sufficient liquidity and transparency.

STUDYING OUR PROGRESS

In the final phase of the investment process, we analyze our investment performance and trade execution.

 

This process informs our future trade ideas and portfolio construction decisions and helps us deliver transparent and comprehensive performance metrics to our clients.

RINSE AND REPEAT

All five phases of our investment process happen concurrently and iteratively, leading to a systematic and fluid investment process that is consistent and repeatable over time.

Always Learning: Our process is never complete. With each success and failure, our process evolves and improves.

100+

Years of Data

WHAT WE DO

We have built extensive proprietary systems to monitor and trade

183

Liquid Assets

17

Developed Markets

19

Emerging Markets

GLOBAL DIVERSIFICATION: We trade long, short, and spread positions in equity indices, fixed income, currencies, and commodities across 36 of the world's largest  economies and aim to provide stable returns, uncorrelated to traditional equity and bond holdings.

OUR TEAM

We cultivate talent and draw bright self-starters

ANKUR PATEL

EMMA DINSMORE

Chief Investment Officer

Chief Executive Officer

  •  

    About Emma

    Emma guides R-Squared's operations, finances, and compliance. Prior to R-Squared, Emma worked in corporate finance and financial regulation.

    Emma graduated magna cum laude from Princeton University.

  •  

    About Ankur

    Ankur leads R-Squared's research and investment programs. Prior to R-Squared, Ankur was a trader at Bridgewater Associates.

    Ankur graduated cum laude from Princeton University.

" The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. " -Steve Jobs

OUR CULTURE

Our culture defines us

r•squar•ed mac•ro

(noun)

GET CONNECTED

Follow us to learn more

OUR RESEARCH

Our research forms the core of our investment process

WHAT WE ARE THINKING NOW

GET IN TOUCH

If you have questions please contact us

Our Address / Contact

105 Richard Arrington Blvd

Birmingham, AL 35203

205 203 9445

Research Request

Interested in joining our team?

Submit resumes to team@r2macro.com.

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GLOBAL INVESTMENT MANAGEMENT

 

©

© 2014 Copyright by R2 Macro LLC. All Rights Reserved.

R2 Macro LLC is registered as an investment adviser in the State of Alabama and as a Commodity Trading Advisor with the Commodity Futures Trading Commission (CFTC). R2 Macro LLC is licensed to provide investment advice in Alabama and in other states as permitted by law. All investing comes with the risk of losing money. Please carefully review the website disclaimer and R2 Macro's disclosure documents prior to investing. All investors should consider their own financial condition and risk tolerance.

 

General Disclaimer

R2 Macro LLC is a global macro investment manager based in Birmingham, Alabama. The firm allocates capital across the global securities, futures, and FOREX markets. The firm is registered as an investment adviser in the State of Alabama, as a Commodity Trading Advisor (CTA) with the Commodity Futures Trading Commission (CFTC), is a member of the National Futures Association (NFA), and is an approved FOREX firm.

 

All material provided in this site is for informational purposes only and should not be used or construed as an indicator of future performance, an offer to sell, or a solicitation of an offer to buy nor recommend any security, futures contract, or currency, nor shall any security, futures contract, or currency, be offered or sold to any person, in any jurisdiction in which such an offer, solicitation, purchase, or sale would be unlawful under the applicable laws of such jurisdiction.

 

A Registered Investment Adviser (RIA) or Registered Investment Adviser Agent (RIA Agent) may only transact in a particular state after licensure or satisfying qualification requirements of that state, or only if they are excluded or exempted from the state's RIA registration requirements, as the case may be. Follow-up, individualized responses to consumers in a particular state by the RIA or RIA Agent that involve either the effecting or attempting to effect transactions in securities or the rendering of investment advice for compensation, as the case may be, shall not be made without first complying with the state's RIA or RIA Agent requirements, or pursuant to an applicable state exemption or exclusion.

 

Past performance does not guarantee future results. There are no guarantees that this manger will meet its investment objectives or not lose any money. As such, the services of R2 Macro LLC are only appropriate for investors who understand the risks involved and are capable of bearing said risk. Futures and FOREX trading involves substantial risk. The valuation of futures and FOREX may fluctuate, and investors may lose their entire investment. In no event should the content of this website be construed as an express or an implied promise, guarantee, or implication by or from R2 Macro LLC that you will profit from your investment or that losses can or will be limited in any manner whatsoever.

 

The risk of loss in trading can be substantial. You should carefully consider whether your financial condition permits you to participate in the trading programs discussed by R2 Macro LLC. You should be aware that commodity interest trading can quickly lead to large losses as well as gains. such trading losses can sharply reduce the value of your investment.

 

The regulations of the CFTC require that prospective clients of a CTA receive a disclosure document when they are solicited to do business with a CTA. Additionally, the Alabama Securities Commission requires that prospective clients of an RIA receive a disclosure document. In these documents, the risks of investing are more fully highlighted. Because this brief statement cannot disclose all of the risks and other significant aspects that will impact your decision to invest, you should carefully study these disclosure documents before you decide to invest.

 

These disclosures are available upon request from R2 Macro LLC to potential investors. To request a copy, please contact compliance@r2macro.com.

 

Social Media Disclaimer

Information contained on R2 Macro's social media pages, including but not limited to its Twitter and Facebook pages, is provided by R2 Macro LLC for informational purposes only and should not be considered as investment advice or a recommendation to invest in any particular security, strategy or investment product. The material posted therein does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding any investments or strategies mentioned herein and always consider the risk of loss that is inherent in any investment decision.

 

The information included in R2 Macro LLC's social media posts is based on sources the authors consider reliable, but the authors nor R2 Macro LLC warrant its completeness or accuracy, and it should not be relied upon as such. Furthermore, the statements and opinions contained therein are subject to change without notice.

 

No comments made by R2 Macro LLC on its social media sites should be construed as tax, legal, or accounting advice. R2 Macro LLC does not and will not provide any tax, legal, or accounting advice. Please consult with a qualified professional for this type of advice.

 

R2 Macro LLC is not affiliated with any social media sites, including but not limited to Twitter and Facebook, and has no responsibility for their operations and services or for any of their service sites.

 

R2 Macro LLC neither accepts nor solicits third-party testimonials, investment advice, recommendations, or advertisements for securities, products or services.  As such, R2 Macro LLC reserves the right to block any social media follower who posts content that is deemed inappropriate or offensive or constitutes a testimonial, advice, recommendation or advertisement for securities, products, or services or is promotional in nature. In addition, R2 Macro LLC reserves the right to delete any postings on its social media pages containing content that is deemed inappropriate or offensive or constitutes a testimonial, advice, recommendation or advertisement for securities, products, or services or is promotional in nature.

 

Please do not include personal or account information in on any social media site, including Twitter and Facebook.  Use of these sites is at your own risk.