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English definition of “macro hedge fund”

macro hedge fund

noun [C]
 
 
(also macro fund, macro) FINANCE, STOCK MARKET
a large hedge fund that invests in stock and bond markets, currencies, etc. with the aim of making a profit from large changes, for example in world interest rates: According to one analyst, the era of the classic macro hedge fund is drawing to a close.
(Definition of macro hedge fund from the Cambridge Business English Dictionary © Cambridge University Press)
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