Hedge Fund Mulvaney Leads CTA Setback

Quant-driven funds extended their months-long downturn in August.

Digitally enhanced shot of a group of unrecognizable businesspeople meeting in the boardroom superimposed over a graph showing the ups and downs of the stock market

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Easy come, easy go.

Most commodity trading advisers, the computer-driven funds also known as managed futures funds or trend followers, suffered their third consecutive losing month in August after posting prolific results in the first quarter.

And no fund has experienced sharper monthly vacillations than the Mulvaney Global Markets Fund.

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