Advanced Global Macroeconomic Investing

Advanced Global Macroeconomic Investing is a practitioner‑developed and led elective that prepares students to apply modern macroeconomic analysis to portfolio construction, asset‑allocation decisions, and systematic and discretionary global‑macro strategies. Building on the CBS core and the foundations of Global Macroeconomic Investing (B8213/B7213), the course trains students to connect macroeconomic regimes, structural forces, policy developments, and market dynamics to actionable investment frameworks.
The course focuses on the implementation of advanced tools used across leading macro hedge funds and institutional investment teams, including risk‑budgeting techniques, alternative risk premia, regime‑switching models, high‑frequency economic indicators, machine‑learning applications, geopolitical and structural trend analysis, and cross‑asset volatility and convexity frameworks. Students also examine real‑world execution challenges such as liquidity management, policy reaction functions, and trading in dislocated markets.