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.
https://nilssonhedge.com/reports/new-and-closed/newnclosed-2020-april/
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