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September 01, 2020 1:32pm
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‘Managed futures are like pigs in mud’: This ETF manager is replicating hedge-fund strategies to pull off big gains as stocks and bonds drop this year

Turbulent markets are punishing portfolios, but one small corner of the exchange-traded fund industry appears to be faring relatively well amid investor anxiety over rising rates and high inflation.
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Photography by Christophe Tomatis
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