David Murrin, an executive at hedge fund firm Emergent Asset Management, also told Reuters that market conditions were "perfect" for the move.
Macro funds generally bet on global money markets, commodities and currencies and tend to benefit from price volatility - market conditions which have been prevalent since the beginning of the credit crunch last year.
The firm therefore hopes for an annual return exceeding 15 per cent for its new Emergent GeoMacro Fund.
Chief investment officer at Emergent David Murrin commented: "[Over the past two years] we didn't believe in the macro world so we found special situations.
"This environment that's coming up is looking very exciting [for macro funds]...we're not going back in terms of volatility."
The Emergent GeoMacro Fund is scheduled for launch on July 1st.