Jun
27
In Global Brexit Rout, Managed Futures Funds Emerge as Winners
By-
Trend-based investing approach benefits from sharp moves
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AQR Managed Futures Strategy Fund rallies 5.2% after vote
As the U.K.’s vote to leave the European Union roils global markets, a small group of funds is thriving.
Societe Generale SA’s gauge of managed futures funds — investment pools that use computers to follow trends across equities, bonds and currencies — gained 1.8 percent Friday when the British vote caused global stocks to tumble the most since 2011. The $12.5 billion AQR Managed Futures Strategy Fund, the industry’s largest, rallied 5.2 percent. The $103 million Arrow Managed Futures Strategy Fund gained the most among 36 funds tracked by Bloomberg, rising 7.2 percent…
In Global Brexit Rout, Managed Futures Funds Emerge as Winners
