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New and Closed Managers April 2020

The opening and closure report for April can be found in the usual location ( View the trends of newly opened and closed managers here:

April, featured a resumption of the prior trends, and we observed a decline of the number of active CTAs, in line with earlier estimates, with a net loss of 26 managers. We saw 21 new managers and 47 managers close throughout April. This was despite a relatively friendly market environment for CTAs in general.

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