StoneWater's Macro Fund Portfolio
StoneWater Capital Management is a systematic global macro investment manager developing robust investment strategies based on fundamental economic theory. Established in 2016 in Sydney, Australia, StoneWater Capital Management currently trades both long and short on behalf of institutional investors globally.
StoneWater Capital Management Economic Research team tracks and predicts cyclical movements in the global economy and their financial implications. Specific regions and countries covered include the the Euro zone, the United Kingdom, the United States, Japan, China, Eastern Europe and other emerging economies.
StoneWater's Capital Management team of FX strategists uses a wide range of economic, technical and quantitative methods to analyse financial markets. With outstanding expertise in G10 and key emerging markets.
As our client, you will have direct access to our analysts for individual enquiries as well as for a wide range of written research.
StoneWater Capital Management employs a proprietary model-based approach to investing, combining economic theory with their belief that asset prices fluctuate around their true fundamental value.
Through robust modelling, StoneWater Capital Management gains deep insights into how fundamental drivers interact with the dynamics of asset price returns, and capitalise opportunistically when the models identify discrepancies between the two.
Management Fee: 2% p.a. of the net asset value of the Macro Fund Portfolio.
Performance Fee: 20% of the cumulative outperformance of the Macro Fund Portfolio (after management fees and expenses but before the deduction of performance fees (paid or accrued) above the return of the RBA Cash Rate, subject to a high watermark.
Semi-annually (June and December)
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. High short- term performance of the fund is unusual and investors should not expect such performance to be repeated. Returns for periods greater than one year are annualised. Market price returns are based upon the midpoint of the bid/ask spread at the close of the exchange and do not represent the returns you would receive if you traded shares at other times. For performance data current to the most recent month end, please email