Hedge Funds

Shaw launches premier global macro effort


D. E. Shaw has begun marketing a global macro fund called Oculus.

The new multi-strategy vehicle will pool other trades that Shaw already makes through its existing strategies, including currencies and futures and its flagship equity statistical arbitrage.

While Shaw already employs global macro analysis in running its established strategies, this is the first time that the firm has offered a separate global macro vehicle.

Founded by David E. Shaw, the firm is headquartered in New York and runs more than $7 billion of assets.