Data overload: commodity hedge funds close as computers dominate

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Monday, February 12, 2018

Data overload: commodity hedge funds close as computers dominate

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Mom-and-pop investors undeterred by wild U.S. stock market

NEW YORK (Reuters) - As the U.S. stock market suffered its worst selloff in more than six years on Monday, Richmond, Virginia-based financial adviser Jamie Cox started preparing for a flood of client calls that never came.

U.S. fund that lost most of its value shuts doors to new investment

NEW YORK (Reuters) - A U.S. mutual fund that relied heavily on a strategy that profits from calm markets has shut its doors to new investment after losing more than four-fifths of its value in recent market turmoil, filings showed on Thursday.

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