macro hedge fund
noun[C]
FINANCE,STOCK MARKETukus(alsomacro fund,macro)alargehedgefundthatinvestsinstockandbondmarkets,currencies, etc. with theaimof making aprofitfromlargechanges, forexampleinworldinterestrates:
According to oneanalyst, theeraof theclassicmacrohedgefundisdrawingto aclose.