Macro
A different take on 2024: the Pretend-and-Extend
Steen Jakobsen
Chief Investment Officer
Steen Jakobsen joined Saxo Bank in 2000 and serves as Chief Investment Officer. As CIO he focuses on delivering asset allocation strategies and analysis of the overall macroeconomic and political landscape.
As head of the SaxoStrats team, Saxo Bank’s in-house team of experts, he is responsible for all research including Quarterly Outlooks and was the founder of Saxo Bank’s renowned Outrageous Predictions.
Prior to joining Saxo Bank, he worked with Swiss Bank Corp, Citibank, Chase Manhattan, UBS and served as Global Head of Trading, FX and Options at Christiania (now Nordea).
Jakobsen’s approach to trading and investing is thought-provoking and not afraid to counter consensus. This frequently sparks debate among the global market community. On a daily basis Jakobsen and his team conduct research across asset classes, covering major macroeconomic developments, market moves, political events and Central Bank policies.
With more than 30 years of experience, Jakobsen regularly appears as a guest host on CNBC and Bloomberg News.
Steen Jakobsen graduated University of Copenhagen in 1989 with a MSc in Economics.
Ole Hansen joined Saxo Bank in 2008 and has been Head of Commodity Strategy since 2010. He focuses on delivering strategies and analyses of the global commodity markets defined by fundamentals, market sentiment and technical developments.
Hansen is the author of the Weekly Commodity Update, which sets out the moves in commodities, and also provides clients with commodity related trade views under the #SaxoStrats brand. He is a regular contributor to both broadcast and print media including CNBC, Bloomberg, Reuters, Wall Street Journal, Financial Times and the Telegraph.
Peter Garnry joined Saxo Bank in 2010 and is Head of Equity Strategy. In 2016, he became responsible for the quantitative strategies team, which focuses on how to apply computer models to financial markets. He develops trading strategies and analyses of the equity markets as well as individual company stocks applying statistics and models.
Garnry developed Saxo Bank’s Alpha Picks which is a monthly publication selecting the most attractive stocks across the US, Europe and Asia. He also contributes to the Saxo Bank Quarterly Outlooks and the annual Outrageous Predictions and is a regular commentator on television, including CNBC and Bloomberg TV.
Althea Spinozzi joined Saxo Bank in 2017, and serves as Fixed Income Strategist. Althea produces Fixed Income research and works directly with clients in order to help them select and trade bonds. Because of her background in leveraged debt, she is particularly focussed on high yield and corporate bonds with attractive risk and return.
Althea Spinozzi joined Saxo Bank in 2017, and serves as Head of Fixed Income Strategy. Althea produces fixed income research and works directly with clients in order to help them select and trade bonds. Because of her background in leveraged debt, she is particularly focused on high-yield and corporate bonds with attractive risk and return.
She is a regular contributor of fixed income analysis to Saxo Bank’s News & Research hub where she outlines her view of bond market trends across the developed and emerging market spaces, as well as in investment-grade and high-yield bonds.
Redmond Wong is the Chief China Strategist based in Hong Kong. As a member of the strategy team, Wong is responsible for communicating Saxo’s global investment strategy, generating Hong Kong and mainland China-focused research, and delivering actionable insights across different asset classes and tradable instruments.
Charu Chanana joined Saxo in 2022 as a Global Market Strategist and was appointed as the Head of FX Strategy in late 2023. Chanana’s primary responsibility is to deliver strategies and analysis in global currency markets based on fundamentals and changes in macroeconomics and monetary policy. Based in Singapore, Chanana also supports the coverage of a broad range of asset classes, particularly focusing on Japan, India and Southeast Asia.
Chanana brings over 12 years of experience in financial markets, with roles in equity research and a background as an economist. She is also a regular on Tier 1 media and is frequently invited to be on Bloomberg, CNBC, BBC and CNA.
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