梁同学2021-10-15 16:36:57
老师,请问这道题,有一个点说用了discretionary 和 systematic modes,但课上讲的是Macro是discretionary而managed futures 是systematic. 所以应理解为这两种modes 适用于这两个strategies,只是macro更偏向于discretionary,而managed futures 更偏向systematic。
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Nicholas2021-10-18 18:01:45
同学,下午好。
Global macro managers use fundamental and technical analysis to value markets, and they use discretionary and systematic modes of implementation.
以上为原版书原文,我们说discretionary and systematic modes 是执行的模式,那么它可以使用基于投资经理的判断或者是研究型的规则,即两种模式都是可以的。
同学描述的,Typically, managed futures managers tend to take a more systematic approach to implementation than global macro managers, who are generally more discretionary in their application of models and tools.
的确期货管理经理往往比全球宏观经理采取更系统的实施方法,后者通常在模型和工具的应用上更具自由裁量权。
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