The Macro Allocation Fund seeks long-term total returns by allocating within and across major liquid asset classes and currencies (including developed, emerging and frontier equity markets, developed and emerging market debt, nominal and inflation-protected sovereign bonds, mortgage-backed securities, corporate bonds and other opportunities).
The fund will be managed by Brian Singer, Edwin Denson and Thomas Clarke, members of William Blair’s Dynamic Allocation Strategies Team, a group that has worked together for more than 13 years, beginning at Brinson Partners (now UBS, at Singer Partners and now at William Blair).
The fund employs a global macro asset allocation strategy. This strategy attempts to exploit periodic market inefficiencies by taking long and short positions in various asset classes (e.g., equity, fixed income and currencies) with a view to profit from relative movements across and within such asset classes.
As a total return fund, it is designed to augment a strategic allocation with a tactical, dynamic view of markets and currencies, the company says. The fund managers believe an allocation to this fund will position a strategic portfolio to benefit from temporary tactical market dislocations over the course of a market cycle.
For more information, visit the William Blair Macro Allocation Fund website.