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January 30, 2019  

Structured-Product Plays Pay Off

Funds that invest in structured products delivered some of the industry’s strongest returns in 2018, proving largely immune to late-year losses among vehicles that trade stocks and corporate debt.Many of the leading structured-product managers, including Angelo Gordon & Co., Axonic Capital, Ellington Management, Napier Park Global, One William Street Capital, Seer Capital and SPF Investment, posted full-year returns in the high single...

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