1330 Sixth Avenue
5th Floor
New York, NY 10019
(212) 257-4950
1150 18th Street, NW
Suite 375
Washington, DC 20036
(202) 888-1150

Top-Ranked Analysts Launch Cornerstone Macro LP

Top-Ranked Analysts Launch Cornerstone Macro LP


New York, NY — April 30, 2013 – Cornerstone Macro, a firm dedicated to macro research, launches on April 30th under the leadership of Andy Laperriere, Nancy Lazar, Roberto Perli, and François Trahan, each among the top-ranked analysts on Institutional Investor’s All-American Research Team for much of the past decade. Cornerstone Macro is dedicated to providing best-in-class economic, policy, and strategy research to institutional investors.

The founding partners of Cornerstone Macro firmly believe in the importance of focused, independent, and unbiased macro research.  “According to our analysis, macro forces historically have accounted for about 70% of equity returns, and since the financial crisis that number has increased to nearly 90%,” said François Trahan, who will lead Cornerstone’s strategy team.  François has been ranked #1 portfolio strategist by Institutional Investor magazine for 6 of the past 8 years and #2 in the remaining 2 years. Since 2010, he has also been ranked among the top 3 in Quantitative Analysis.  Prior to co-founding Cornerstone Macro, François was partner and vice chairman at Wolfe Trahan.

Nancy Lazar will spearhead the firm’s economic research team. Nancy’s forward-looking and detail-oriented research spans both the U.S. and the global economies.  Her work is well known to investors, who have come to appreciate her objective and fact-based approach to economic analysis over the years.  Nancy has been an Institutional Investor ranked economist for the past 12 years, and has been ranked #2 for the past 4 years.  Previously, Nancy was vice chairman of International Strategy & Investment Group (ISI), which she co-founded in 1991.

Andy Laperriere and Roberto Perli will lead Cornerstone Macro’s policy analysis. Andy and Roberto bring to the table extensive congressional and central bank experience, as well as a combined 17 years of equity research experience. The team of Andy and Roberto has been ranked #1 in Institutional Investor’s policy category for the past 2 years; Andy has also been part of the #1 ranked team for the previous 10 years.  Andy and Roberto were senior managing directors and partners at International Strategy & Investment Group (ISI).

“We are very excited to be continuing and expanding the work we do with the best investors in the business. Our goal is to become an integral part of our clients’ investment process,” said Nancy Lazar. Andy Laperriere added that “macro is the sole focus of the firm, and research will always be the top priority at Cornerstone Macro.” Roberto Perli said that “the firm will never deviate from its mission and will remain dedicated to bringing our clients value-added insights on U.S. and global macro issues.”

Cornerstone Macro is headquartered in New York City and has an office in Washington, DC.  The firm’s broker-dealer application is in process.  Cornerstone Macro begins publishing its research on April 30; its main office in New York can be reached at 212-257-4950.  For additional information please see www.cornerstonemacro.com.