New Ellerston macro managers Brett Gillespie, Tim Toohey see ‘tipping point’.
May 2017 | In Global Macro | BY Ellerston Team
The bond market is in danger of falling precariously “behind the curve” as the Federal Reserve embarks on a path towards normalisation while the pace of global growth picks up. That’s the view of Ellerston Capital’s Head of Global Macro Brett Gillespie and his new hire, former Goldman Sachs Economist Tim Toohey, as their new fund begins placing its bets. They’re warning that US rates could rise further, and Australian rates sooner, than the market expects. Read More Ellerston Global Macro Fund AFR 16th March 2017