As Fed Decision Looms, Macro Funds Stagger

After a tough August, the strategy may be heading for its third mediocre year out of four. Now the funds face the unknown: higher rates or not?

Most major macro hedge funds seemed to muddle through August, losing or gaining a small percentage but not getting rocked like many high-profile long-short and activist funds.

But while many macro hedge funds are in the black, 2015 is shaping up to be the third mediocre year for the strategy in the past four years.

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