Strand Global Macro Fund
Fundamental Research · Multi-Strategy · Meritocratic
A student-led investment platform combining deep fundamental research, rigorous financial modelling, and macro-informed strategy to identify opportunities across global markets.
WHAT WE DO
What Strand Global Macro Delivers
A comprehensive research and investment platform. From fundamental security analysis to macro-informed portfolio construction, every step is structured and transparent.
€20,000
Active Capital
4
Asset Classes
Multi-Strategy
Approach
Institutional
Process
Bottom-Up Research
Deep company-level analysis combining competitive positioning, management quality, industry structure, and earnings drivers.
Financial Modelling
Rigorous DCF valuation, scenario analysis, and sensitivity testing to determine fair value and risk-reward.
Fundamental Analysis
Earnings quality, balance sheet strength, cash flow assessment, and financial statement work across sectors and geographies.
Macro Context
Top-down analysis of growth cycles, monetary policy, and geopolitical dynamics to frame sector and geographic views.
Portfolio Construction
Disciplined allocation with position sizing, correlation management, and risk budgeting.
Meritocratic Process
Ideas evaluated on analytical quality, not seniority. Structured debate ensures the strongest thesis prevails.
RESEARCH PROCESS
How We Build Conviction
A structured, multi-layered approach built on deep fundamental research, rigorous financial modelling, and macro-informed portfolio positioning.
Macro Framework
Identify the prevailing growth, policy, and liquidity regime. Determine sector and geographic tilts.
Company Selection
Bottom-up screening and fundamental analysis to identify strong positioning within macro themes.
Valuation & Modelling
Build financial models, stress-test assumptions, and define entry, exit, and risk parameters.
Thesis Review
Present and defend each idea through structured team debate. Challenge assumptions, refine conviction.
Execute & Monitor
Deploy capital, track live P&L, and review positions against evolving macro and fundamental developments.
THE TEAM
Our People
A multidisciplinary team of analysts and researchers at King's College London.
Hugo Raffard
Co-Founder & Head Portfolio Manager
Accounting & Finance at King's College London. Leads overall portfolio strategy across consumer research, FX, and macro.
Murathan Berk Afacan
Co-Founder & Portfolio Manager
Accounting & Finance at King's College London. Focused on macro-driven investing across equities, fixed income, and currencies.
James Colling
Senior Analyst
Specialises in equity strategy and quantitative analysis. Experience supporting $2B+ in managed portfolios at ORIX Corporation.
Alexander Gevers
Head of Energy
Economics & Management at King's College London. Leads energy sector coverage with experience at Santander CIB and PwC.
Victor Torralba
Fundamental Equity Analyst
PPE at King's College London. Strong experience in Global Markets with exposure to FX and commodity derivatives.
Aryan Nejabati
Fundamental Equity Analyst
BSc Economics at King's College London, ranked first in cohort. Combines macro regime analysis with bottom-up research.
Jinwoo Jung
Fundamental Equity Analyst
History & Political Economy at King's College London. CFA Level 1 qualified with a structured valuation approach.
Luigi Giordano
Fundamental Equity Analyst
Economics & Management at King's College London. Focused on business models, growth strategies, and valuation frameworks.
Lorenzo Berretti
Fundamental Equity Analyst Trainee
Business Management at King's College London with first-class average. Focused on macro-to-fundamental translation.
Paolo Buquicchio
Fundamental Equity Analyst
BSc Business Management at King's College London. Studied portfolio management at Columbia University.
Gabriel Zubiria
Fundamental Equity Analyst
BSc Economics & Management at King's College London. Focused on financial modelling and equity valuation.
Sky Reinecken
Fundamental Equity Analyst
BSc Economics at King's College London. Focused on central bank policy, rates, FX, and credit analysis.
Hissan Omar
Quantitative Risk Analyst
MSc Artificial Intelligence at King's College London. Combines quantitative finance with machine learning and algorithmic trading.
Arthur Dufournier
Fundamental Analyst
Business Management at King's College London. Specialises in global equities and event-driven investment analysis.
LATEST RESEARCH
Featured Analysis
In-depth macro research and trade ideas published by the Strand team. Rigorous analysis, transparent conviction.
Explore Our Research & Portfolio
Access our research, track our portfolio, or apply to join the team.