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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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