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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

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