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Macro Investors: Masters of a New Global Order

Winton Capital's David Harding is one of a small group of veteran macro managers who are profiting from the chaos of the global economic crisis. These macro investors are applying distinct investment strategies to deliver double-digit returns.

At 9:30 every weekday morning in a pristine, century-old stone mansion in Rowayton, Connecticut, Kenneth Tropin gathers the seven members of his risk committee to perform what has become, since November 2007, a 30-to-40-minute ritual: the forensic parsing of risk. Tropin, the 55-year-old founder and chairman of Graham Capital Management,

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