our philosophy

we believe macroeconomic shifts are the primary drivers of markets over the medium term. by systematically understanding these shifts, we strive to predict changes in asset prices across global rates, credit, currencies, and equities.

our goals


to generated returns that are uncorrelated to traditional benchmarks


to serve as a macroeconomic thought partner to investors and the community


to challenge convention and encourage positive change in our industry

our team

combining the brightest minds from diverse academic and professional fields to question assumptions and tackle big challenges in innovative ways
  • Emma Dinsmore
    Chief Executive Officer
  • Ankur Patel
    Chief Investment Officer
  • Jeff Tolbert
    Chief Operating Officer
  • Kali McNutt
    Director of Marketing and Client Services
  • John Matthews
    Trading Analyst
  • Geoffrey Bostany
    Research Analyst
  • Tia Davis
    Management Associate
  • Peter Johnsen
    Data Scientist
  • Meredith Persico
    Research Analyst
  • Ben Atnipp
    Trading Analyst
  • Julian van der Made
    Data Scientist

our latest research

  • Europe Prepares for More Negative Rates
    Emma Dinsmore
    November 30, 2015
    As more central banks prepare to move further into negative deposit rate territory, the limits of the zero bound...
  • India Tries to Cash in on Gold
    Emma Dinsmore
    November 20, 2015
    Although adoption has been slow, India’s current gold monetization scheme may complement ongoing stimulus efforts to encourage growth, improve...
  • Fed Sends Mixed Signals
    Emma Dinsmore
    November 19, 2015
      As potential lift-off nears, the Federal Reserve’s October minutes send mixed signals about its near-term policy outlook but confirm...
  • ECB Easing Bets Increase, But Are They Right?
    Geoffrey Bostany
    November 18, 2015
    As markets price in an increased likelihood of additional easing from the European Central Bank (ECB), underlying data suggests...
  • Japan's Recession Unlikely to Change BOJ Outlook
    November 17, 2015
    Although Japan fell into a technical recession in quarter three, the Bank of Japan (BOJ) is unlikely to change...
  • Outlook for Brazil Worsens
    Emma Dinsmore
    November 16, 2015
    The outlook for Brazil worsens as the country’s economic and political turmoil continues. How has the political outlook evolved? Additional cabinet...
  • U.S. Rate Hikes Approaching
    Emma Dinsmore
    November 13, 2015
    Incoming economic and financial market data supports a Fed rate hike in December; however, given the balance of global...
  • Aussie Employment Surges
    Emma Dinsmore
    November 12, 2015
    Australian employment unexpectedly surges, decreasing pressure on the Reserve Bank of Australia (RBA) to ease in its December meeting. How...

contact us

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105 richard arrington blvd s
birmingham, al 35233

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