MacroMarkets cofounder and CEO Samuel Masucci III is having discussion with a tactical partner for his firm. Co-founded with Yale University Professor Robert Shiller, MacroMarkets' primary innovation is the "MacroShare," which agree with investors to take long or brief, levered or unlevered, positions based on the value of any catalog. Both Masucci and Shiller are hopeful that MacroShares can facilitate investors hedge all kinds of macroeconomic hazards, comprising of publicity to the residential shelter.
The corporation has 'battle-tested' two commodities - one linked to the petroleum, and one linked to housing - with mixed success, and is assessing its strategy going ahead. Particularly, Masucci wonders whether the MacroShare structure might come to replace the ETF as the prevalent technology for index trading.
PUBLICATION DATE: July 23, 2010 PRODUCT #: 211006-EPB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING