T O T E M | M a C R O

em macro | strategy research for the world's preeminent hedge funds and investment firms we offer macro-strategy research focusing on global emerging markets (cross-asset), blending em macro-to-micro understanding with salient global drivers. our trades span all of em, across all assets, with particular relevance for global macro, fixed income and equities strategies. our views are backed by a synthesis of different perspectives, putting all the important pieces together -- vertically connecting macro drivers > to liquidity and credit flows > to sector drivers > to the micro and asset level. we then take those integrated views and determine the best risk/reward trade expression given valuations. we also offer our expertise on an ad-hoc basis – providing strategist and analyst capacity for buyside clients. think of our input as flexible, scalable em strategy-on-demand. our clients enlist us for bespoke coverage requirements, targeted market questions, independent project input, and