Investors flock to ‘macro’ hedge funds, but not only the old guard

April 9, 2017 By Maiya Keidan, Svea Herbst-Bayliss and Lawrence Delevingne LONDON/BOSTON (Reuters) – “Macro” hedge funds are back in favor with investors seeking to take a view on U.S. President Donald Trump’s economic policies, European elections, or interest rates, but it is start-up funds rather than established players which are attracting cash. Some of the main beneficiaries of the macro revival are managers who cut their teeth at the big macro firms such as Moore Capital Management, Brevan Howard and Tudor Investment Corp, which made their names for outperformance…

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