Marshall Auerback

Marshall Auerback has 28 years of experience in the investment management business, serving as a global portfolio strategist for RAB Capital Plc, a UK-based fund management group with $2 billion under management, since 2003. He is also co-manager of the RAB Gold Fund. He serves as an economic consultant to PIMCO, the world’s largest bond fund management group, and as a fellow of the Economists for Peace and Security.

From 1983-1987, he was an investment manager at GT Management (Asia) Limited in Hong Kong, where he focused on the markets of Hong Kong, the ASEAN countries (Singapore, Malaysia, the Philippines, Indonesia, and Thailand), New Zealand and Australia. From 1988-91, Mr. Auerback was based in Tokyo, where his Pacific Rim expertise was broadened to include the Japanese stock market. From 1992-95, Mr. Auerback worked in New York for the Tiedemann Investment Group, where he ran an emerging markets hedge fund. From 1996-99, he worked as an international economics strategist for Veneroso Associates, which provided macroeconomic strategy to a number of leading institutional investors. From 1999-2002, he managed the Prudent Global Fixed Income Fund for David W. Tice & Associates, an investment management firm, and assisted with the management of the Prudent Bear Fund.

Mr. Auerback graduated magna cum laude in English and philosophy from Queen’s University in 1981 and received a law degree from Corpus Christi College, Oxford University, in 1983.

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Marshall Auerback's Latest Articles | 26

Trouble in Euro Zone Paradise?

Feb 24, 2012| 

The Europeans evidently thrive on instability and the ongoing threat of systemic risk. There is nothing else to explain the renewed hardline stance adopted by both... Read »

Greece and the Rape by the Rentiers

Feb 10, 2012| 1

Here’s the draft of the supposed agreement to “sort out” the Greek debt problem once and for all. According to Bloomberg, here’s the essentials: Greece’s... Read »

The Elephant in the Room is Spain, Not Italy

Feb 7, 2012| 1

Another day and the markets remain fixated on whether Greece comes to a “voluntary” arrangement with its creditors. The key word is “voluntary” because the... Read »

The Germans Launch A Blitzkrieg on the Greek Debt Negotiations

Jan 30, 2012| 

News stories continue to suggest that Greece once again appears on the verge of reaching a deal with its private sector creditors on how much of a loss they would... Read »

A Financial Coup d’etat in the Making?

Nov 11, 2011| 

It is said that the European Union is a remarkably inefficient organization in terms of organizing economic rescue packages, but when it comes to subverting democracy,... Read »

The Message I Would Deliver from Zucotti Park

Oct 14, 2011| 1

First, to the thin blue line: thank you and we ask for your protection rather than your discipline. Why should we expect that? Because the forces we are protesting... Read »

Core Europe Sitting Pretty in their PIIGS Drawn Chariot

Oct 3, 2011| 

The refusal to countenance a Greek default is now said to be dragging the euro zone toward even greater crisis. Implicit in this vie, of course, is the idea that... Read »

Is Germany Preparing to Exit the Euro?

Aug 31, 2011| 

Hans-Olaf Henkel’s piece in yesterday’s Financial Times is making waves. Okay, Henkel is an odious man, but my view, which was once considered borderline... Read »

Jackson Hole will be a Black Hole for Those Hoping for QE3

Aug 24, 2011| 

Those leading the charge for “fiscal consolidation” now seem positively shocked by the violent gyrations in the stock market, as expectations rapidly seem to... Read »

Are We Approaching the EndGame for the Euro?

Aug 19, 2011| 

Forget about the S&P downgrade, which has had ZERO impact on the global equity markets. The downgrade was supposed to mean that it would be more likely that... Read »

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