Colin Lancaster, head of macro strategies and fixed income at Schonfeld and author of “Fed Up”
Colin Lancaster is a hedge fund manager and the former head of macro strategies for Citadel. Over the pandemic, Lancaster has released a fictional book “Fed Up” detailing the journey of a macro trader. He speaks to Insider about where he converges with his characters, and shares his trading advice and markets outlook. See more stories on Insider’s business page.
Securing a senior position at the top trading and investment firm often results in having to sign a non-compete clause, which means agreeing to stay out of the game for a set time period when switching jobs.
Most executives use that time to switch off and rest up. However, for Colin Lancaster, a former head of macro strategies at legendary investment firm Citadel, his non-compete period occurred during the pandemic and amid a wild market environment, which would be hard for any macro-junkie to tune out.
Each day, Lancaster noted the volatile market movements in his journal, as he’s done for years, and within a few weeks accumulated a vast amount