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February 06, 2019  

PhaseCapital Fund Phases Out

PhaseCapital is setting up separate accounts for investors in a hedge fund it shut down in December.By moving money out of the PhaseCapital Global Macro Fund and into individual portfolios, the New York firm believes it can “offer greater transparency, liquidity and customization for individual clients,” chief executive Michael DePalma said.At the same time, PhaseCapital liquidated a mutual fund called PhaseCapital Dynamic Multi-Asset...

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