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macro hedge fundnoun [C]

uk   us   (also macro fund, macro) FINANCE, STOCK MARKET
a large hedgefund that ​invests in ​stock and ​bondmarkets, ​currencies, etc. with the ​aim of making a ​profit from large ​changes, for ​example in ​worldinterestrates: According to one ​analyst, the era of the classic macro ​hedgefund is ​drawing to a ​close.
(Definition of macro hedge fund from the Cambridge Business English Dictionary © Cambridge University Press)
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