DEFINITION of 'Macro Manager'

A boss or supervisor who lets employees do their jobs with minimal supervision. Macro managers are thought of by some employees as superiors who do not give them enough support or feedback to do their jobs effectively, while others may be glad to be trusted and left alone. A macro manager is the opposite of a micro manager, a supervisor who constantly looks over employees' shoulders and is often perceived as controlling and overly critical.

BREAKING DOWN 'Macro Manager'

The term "macro manager" can also describe someone who runs a global macro hedge fund. Global macro managers need to have a broad knowledge base to understand big-picture influences on investment performance in the global marketplace. Such influences include political events, government policies and the way different countries' central banks function. George Soros, Julian Robertson and Michael Steinhardt are well-known global macro managers.

RELATED TERMS
  1. Global Macro Strategy

    A hedge fund strategy that bases its holdings - such as long ...
  2. Micro Manager

    A boss or manager who gives excessive supervision to employees. ...
  3. Macro Environment

    The conditions that exist in the economy as a whole, rather than ...
  4. Performance Management

    The management of employees, departments, and organizations to ...
  5. Brokerage Supervisor

    A brokerage company employee who appoints, trains and manages ...
  6. Macro Risk

    A type of political risk in which political actions in a host ...
Related Articles
  1. Insights

    What is the Macro Environment?

    The macro environment is the conditions existing in an economy as a whole, rather than in a single sector or region.
  2. Insights

    Buy Stocks Now? Nope. Here’s Why

    Hedgeye Senior Macro analyst Darius Dale explains the fallacy of Wall Street’s S&P 500 year-end targets.
  3. Small Business

    How to Conduct an Effective Performance Review

    A proper performance review can be a very useful tool for both managers and employees.
  4. Investing

    Not Wailing, but Shrugging

    Learn about how bottom-up is back as the markets take big macro data in stride.
  5. Managing Wealth

    5 Low-Cost Perks for Small Business Employees

    Money isn’t the only way to motivate employees. Here are some savvy strategies even the smallest business can use.
  6. Managing Wealth

    Three Perks Business Should Give Their Employees

    Firms that treat their employees well have a competitive advantage over their rivals. Here are three important perks to give your employees.
  7. Managing Wealth

    8 Reasons Why Valued Employees Quit

    Salaries are important, but retaining top employees requires more than just competitive pay.
  8. Investing

    4 Strategies Only Hedge Funds Dare Use

    Learn why investing strategies employed by hedge funds may result in steep losses and are not appropriate for most retail investors.
  9. Managing Wealth

    Top 5 Ways to Retain Your Best Employees

    You need to think beyond salary to make the most talented people want to stay on for the long term.
  10. Financial Advisor

    7 Easy Steps to Negotiating a Raise

    Salary negotiations aren't easy, but even if your company is on a tight budget, you can still ask for more.
RELATED FAQS
  1. What does a merger or acquisition mean for the target company's employees?

    Learn about the likely impacts of a mergers & acquisition deal on the target company's employees, their benefits and adjusting ... Read Answer >>
  2. Can LLCs have employees?

    Discover how limited liability corporations (LLC) can have an unlimited number of employees and the legal steps required ... Read Answer >>
  3. What are some ways employers can reduce employee turn over?

    Learn a few strategies in hiring, compensation and management that employers can use for increasing employee retention and ... Read Answer >>
  4. Does technology follow the law of diminishing marginal returns?

    Learn how workers in the technology industry are affected by the law of diminishing marginal returns, and note the ways that ... Read Answer >>
  5. What should I study in school to prepare for a career in corporate finance?

    Find out which classes to take in college to prepare for a career in corporate finance, including management, accounting ... Read Answer >>
  6. Should I offer alternative investments to my employees?

    Learn the pros and cons of employer-recommended alternative investments and why risky alternatives, such as hedge funds, ... Read Answer >>
Hot Definitions
  1. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  2. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  3. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  4. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  5. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  6. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
Trading Center