Rooted in Independence
Because alpha starts with thinking differently.
What Defines Us
A Boutique Macro Trading Firm with a Clear Process
We are an independent macro trading and research firm, built on conviction, discipline, and clarity. Our edge lies in linking the economy with the market — identifying regime shifts in growth, inflation, policy, and sentiment, and positioning in global currencies, commodities, and equity indexes before they are fully priced in.
Founded by a discretionary macro trader with a cycle-driven edge, we manage our own capital and give aligned investors access to our strategy through managed accounts and structured products.
We believe that macro trading is not about prediction — it’s about positioning. Our independence allows us to think differently, act decisively, and stay grounded in data, not narratives.
We don’t need a large team or fancy branding. We need discipline, conviction, and market awareness. That’s what we bring — every trade, every report, every cycle.
What We Stand For
Principles That Guide Every Trade and Every Insight
Independent Thought, Not Consensus Thinking: Our investment decisions are rooted in macroeconomic fundamentals, while integrating market sentiment and positioning as critical inputs. We maintain intellectual independence at every stage — from research to execution. Every position reflects our own framework and analysis, not crowd-driven conviction.
Discipline Over Emotion: We operate within a structured framework where every position is governed by predefined rules. Risk is measured, entries are deliberate, and execution is never left to emotion or impulse. Market noise and short-term volatility are irrelevant to our process.
Conviction Backed by Capital: Every trade reflects capital at risk — our own. We don’t sell signals or theories; we execute investment ideas with real exposure and accountability. We share the same risks and rewards as those who invest with us.
Transparency & Alignment: Whether you’re an investor or a subscriber, what you see is what we trade. Every published view corresponds to an actual position. There are no hypothetical backtests, simulated results, or retrospective claims — only verifiable trades and a clearly defined investment process.
“The edge is in the process, not the prediction.”
Mickaël Maroquesne, Founder