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Macro Hedge Funds Had Their Strongest Year Since 2008, And Apollo Is Selling Some Riskier Assets And Stacking Up Cash

Published 9 months, 2 weeks ago
Description

Macro hedge funds – which bet on big moves in interest rates, currencies, and other markets – had their strongest year since the 2008 global financial crisis, while US asset manager Apollo Global Management has decided some assets are better unmanaged, so it’s selling them and stacking up cash.

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