SLJ Macro Partners is a macro investment company that manages a hedge fund, and provides active FX overlay and macro advisory services. Stephen Jen and Fatih Yilmaz founded SLJ Macro Partners in April 2011, and bring together their expertise in macroeconomic analysis along with rigorous quantitative modeling.
We combine our deep understanding and analysis of macro enhanced with quantitative modeling.
SLJ Macro provides active FX overlay services to aim to enhance performance ratios of global asset portfolios.
Our written research products aim to provide unique insights on key global economic and policy issues.
Stephen was MD of Macroeconomics and Currencies at Bluegold Capital from May 2009 to March 2011, in charge of managing the Fund’s currency risks as well as its macro strategies.
Previously Stephen was an MD at Morgan Stanley and, from October 1996 to April 2009, held various roles, including the Global Head of Currency Research.
Prior to Morgan Stanley, Stephen had spent four years as an economist with the IMF, covering economies in Eastern Europe and Asia. Stephen holds a BSc degree in Electrical Engineering from the University of California at Irvine (Summa Cum Laude) and a PhD in Economics from the MIT.
Monica brings expertise in financial databases and financial modelling to SLJ Macro.
Before joining SLJ, Monica has had roles at the University of Exeter and the Competition Commission and Galaxy Security Corporation of China.
Monica holds a BSc degree in Mathematics from Shanghai University of Finance and Economics. During her undergraduate studies, she won first prize in the National Mathematics Contest in Modelling.
She also holds an MSc in Financial Mathematics from the University of Exeter, for which she was awarded distinction. Monica was just awarded her PhD at Exeter in the area of credit risk and default prediction models.
With a focus on emerging markets, Joana was part of the Financial Markets Research team at the investment banking devision of Millenniumbcp, in Lisbon, where she was responsible for the macroeconomic outlook and publications for China and Brazil, as well as for the medium term forecasts for currencies.
Joana holds an MSc Economics degree from the London School of Economics and an undergraduate degree in Economics from the Federal University of Rio de Janeiro.
Originally from Turkey, Fatih completed his undergraduate studies in Economics in Istanbul.
After his MA and PhD studies in Finance and Econometrics, he worked as Assistant Professor of Finance at Exeter in the UK (where he is currently an Honorary Fellow). Subsequently he joined Morgan Stanley as Currency Economist (2000-2003).
Fatih later joined Bank of America as Chief European Currency Strategist, and following that he was an MD and Head of Institutional Quant at Bank of America Merrill Lynch (2005-2009). Before forming SLJ Macro Partners, Fatih was Director of Quantitative Research and Trading at Bluegold Capital during 2010.
Prior to joining SLJ Macro Partners in May 2011, Alexandra worked at the Centre for Economic Performance at the London School of Economics, as well as at the Arts Council England.
Prior to this, Alexandra spent two years at the U.S. Bureau of Labor Statistics as an Economist for the Consumer Price Index, where her main area of work involved seasonal adjustment research and production.
Alexandra holds an MPA in Public and Economic Policy from the London School of Economics, as well as a BA degree (with honours) in Economics from Binghamton University in New York.
Richard provides consulting services to the overlay team at SLJ Macro Partners. He is currently Professor of Finance at the University of Exeter.
Prof Harris’s research interests lie in the areas of financial econometrics and risk modeling. He has written for leading international economics and finance publications.
Prof Harris has held visiting positions at universities in New Zealand, Belgium, Sweden, Russia and China, and is currently an Adjunct Professor at the Norwegian School of Economics. He has extensive experience of working with the financial sector. Prof Harris is a Fellow of the Higher Education Academy and a Member of the CISI.
*TCI Fund Services LLP is our business associate who will handle much of our middle and back office work.