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Felix Zulauf

Felix Zulauf

Global Macro Investor · Zulauf Asset Management

Global macro cycles, credit cycles, equity and currency trends, Swiss perspective on global markets

Felix Zulauf founded Zulauf Asset Management in Switzerland and became one of the most consistently recognized global macro investors, appearing at the Barron's Roundtable for over 30 years. He is known for his long-cycle analysis, integrating credit dynamics, central bank policy, currency behavior, and equity market positioning into comprehensive macro views. Zulauf correctly called several major market turns including the 2000 tech bust and the 2008 crisis. He manages capital selectively and publishes research through Zulauf Consulting, focusing on institutional investors. His analytical framework synthesizes Austrian economics, credit cycle theory, and technical analysis into macro positions that span multiple asset classes simultaneously, giving institutional clients a perspective that differs fundamentally from the consensus views produced by major investment bank research departments.

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