ION MACRO FUND
Different Times Call for a Different Approach
Launched on September 1, 2024, ION Macro Fund is a NYC-based discretionary global macro fund designed to deliver superior risk-adjusted returns uncorrelated with the broad US equity market. Managed by industry veteran Michael Shaoul, ION Macro Fund employs a top-down approach coupled with strong bottom-up support to construct a high-conviction portfolio.
The fund seeks to capitalize on misunderstood economic and industry developments, enabling the fund to identify mispriced financial instruments across global markets. This approach, together with Michael’s 20+ years of Macro analysis and investing experience, allows the fund to adapt to changing market conditions.
The Opportunity Set
“Most People are Right about Most Things Most of the Time”
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Our principal discipline categorizes market behavior into Type I & Type II errors.
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We aim to build a differentiated, high-conviction, concentrated portfolio based on our contrarian perspectives.
ION Macro Fund in the Media
Schwab Network Morning Trade Live Interview | December 17, 2024 | Defense Names Unlikely to be Hit by Government Spending Cuts. Interview with Michael Shaoul
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Bloomberg Surveillance Podcast Interview | November 8, 2024 | Single Best Idea: Stavridis & Shaoul
Interview with Michael Shaoul starts at the 04:33 mark
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Michael Shaoul, Portfolio Manager at ION Asset Management, discusses commodity pricing, and how investors are pricing in the jobs report, the Fed, and a second Trump admin
Bloomberg TV | Bloomberg Surveillance Interview | October 29, 2024
Interview with Michael Shaoul starts at the 04:40 mark
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Bloomberg TV | Bloomberg Surveillance Interview | September 12, 2024
Interview with Michael Shaoul starts at the 02:11 mark
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Bloomberg TV | Bloomberg Surveillance Interview | August 12, 2024
Interview with Michael Shaoul starts at the 05:08 mark ​​​
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CONTACT US
For general inquiries, please fill in the following contact form:
89 Medinat Hayehudim St.
Building E, 13th + 14th
Israel,​​ Herzliya 4676672
Email: ir@ion-am.com
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