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Bloomberg

A $1.6 Billion Quant ETF Pivots to Huge Oil Bet as Adviser Exits

Friday, September 4, 2026


A $1.6 billion trend-following ETF experienced departures of its outside adviser and both portfolio managers while simultaneously building a large oil position in its portfolio.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-04/a-1-6-billion-quant-etf-pivots-to-huge-oil-bet-as-adviser-exits

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