Exclusive insights on the key macro steel themes to watch.
Steel futures and options at CME Group are a cost-effective hedging tool to complement your strategy and minimize risk along the steel supply chain. Mitigate steel and steel scrap price exposure with exchange-traded, cash-settled futures.
He recently retired as a Senior Portfolio Manager at Wolverine Asset Management in Chicago, where he ran a global equity long/short hedge fund portfolio and oversaw a portfolio that combined quantitative factor and discretionary macro analysis, with bottom-up fundamental analysis and derivatives trade implementation to create a concentrated long/short portfolio that aims to deliver high risk-adjusted returns for institutional investors.
Before joining WAM, he was the CIO and a partner at Satori Investment Partners. He spent the majority of his career with UBS O’Connor, where his last role was Managing Director, Senior Portfolio Manager and Co-Head of the Fundamental Equity Market Neutral Fund. Prior to this, as head of the European office, he was responsible for both the global macro and the equity long/short strategies. Earlier in his career, he built and managed foreign exchange, precious metals, and emerging market cash and derivatives trading businesses around the world while with O’Connor, First Chicago, BZW (Barclays Capital) and Crédit Agricole Indosuez.
Excell holds a B.S. in Finance with a minor in Accounting and Japanese Studies from the University of Illinois and an M.B.A. from the University of Chicago. He became a CFA® charter holder in 1999 while living in Singapore and became a CMT charter holder in 2018. He is on the Board of Directors of the CFA Society Chicago and serves on the Education Advisory and Communications Groups. He is the host of the Investment Exchange Forum podcast which has been downloaded in over 80 countries.
CRU provides a complete view of the steel industry across the value chain through market analysis and forecasts, market-leading price assessments, and comprehensive cost services ‒ all driven by a global team of analysts using CRU’s robust and transparent methodologies.
Our market analysis focuses on supply and demand fundamentals, price dynamics, and forecasts for the entire value chain from raw materials to end-user sectors.
Covering all major markets, our price indices are established benchmarks on which supply chain partners can confidently base transactions. For example, CRU’s US Midwest Hot Rolled Coil price is the leading steel benchmark in North America and is also used in the settlement of futures and options contracts from CME Group.
The opinions and statements contained in the commentary on this page do not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs. This content has been produced by Inspirante Trading Solutions Pte Ltd. CME Group has not had any input into the content and neither CME Group nor its affiliates shall be responsible or liable for the same.
CME GROUP DOES NOT REPRESENT THAT ANY MATERIAL OR INFORMATION CONTAINED HEREIN IS APPROPRIATE FOR USE OR PERMITTED IN ANY JURISDICTION OR COUNTRY WHERE SUCH USE OR DISTRIBUTION WOULD BE CONTRARY TO ANY APPLICABLE LAW OR REGULATION.
© 2024 CME Group Inc. All rights reserved.