A new Review of Finance article investigates the link between commodity inventories on the one hand and futures returns and curve backwardation on the other. Most prominently, low inventories mean that the convenience yield of physical holdings is high (more need of insurance against a “stock-out”). In this case, producers and inventory owners are willing […]
Macrosynergy is a London based macroeconomic research and technology company whose founders have developed and employed macro quantamental investment strategies in liquid, tradable asset classes, across many markets and for a variety of different factors to generate competitive, uncorrelated investment returns for institutional investors for two decades. Our quantitative-fundamental (quantamental) computing system tracks a broad range of real-time macroeconomic trends in developed and emerging countries, transforming them into macro systematic quantamental investment strategies. In June 2020 Macrosynergy and J.P. Morgan started a collaboration to scale the quantamental system and to popularize tradable economics across financial markets.
