April Portfolio and Musings from the Team
Evolving Team, Evolving Performance, Evolving Vision
Dear MetaMacro Readers,
This year has been a bit of a roller coaster at least the past two months, after we had a slump in performance despite a good start in the year.
We have navigated the current market environment with tenacity and efficient risk & money management, posting a return of 5.82% in April’2025 and a YTD annual return of 2.46% , we also outperformed the S&P500 benchmark which posted a negative return of -0.76% as the month comes to an end.
We are on track, while below our high watermark in January 2025, we have no doubt that this ship will continue to sail onward. Below is an excerpt from March portfolio report and letter, and one thing I can say we did was that we were “better”
Moving forward, while our performance has evolved, the team has also evolved, we have a vision to provide impeccable analysis majorly focused on Equity and FX, then we intend to expand capabilities into Eurobonds, Commodities and Fixed Income asset class, while also expanding country coverage beyond United States and into other markets.
To ensure we are reliable, we also took it on, to be able to show a public track record performance, and so far into Q1 we continue to sail.
In terms of our evolving team, we have added three new members to the team:
Yomi - initiating coverage on G10 FX
Oghenetega - initiating coverage on Market Color and specific Equities Sector Coverage
Hannah - initiating coverage on Global Macro and specific Equities Coverage
Hannah is currently planning a vacation to Europe, lol, so we haven’t had her first article, but in due time, we will have her voice. She is going to get us some goodies to make up for it, she promise :) and she better add positively to Europe’s GDP.
Furthermore, behind the scenes, we have also added a technology team of which we are building models that aid in our trading decisions and analysis, coupled with assisted AI portfolio and risk/money management, and information flow. The platform is still in its development stage and we would have a MVP running as soon as we can.
In terms of what is new on the information flow of things, we have been sharing our views via Weekly Long/Short Book on the chat, we would write a primer on how to effectively utilise this, and we are also building out components that helps in tracking the performance of those positions in the weekly portfolio book that we share. However, what is critical to our readers from the team to disclose, is that we are not actively executing on all the positions on the tactical trading side of the portfolio, but we have those asset on our watchlist as trade potential for the entire week, some of which we execute and some we do not.
We also update our views on the portfolio at the beginning of the week (Opening Bias), the middle of the week (Midweek Motion) and end of the week (Final Flow). We will continue to improve on this as soon as the technology side of things are ready to serve at scale.
As always, I intend to keep this letter short, but this is the trajectory of MetaMacro, the team is excited on the performance especially amidst current market conditions, we are all continuously learning, improving and taking on feedback, and we would like to let you know that we haven’t peaked nor plateaued, there is more and “better” to come!
Thank you,
The MetaMacro Team.