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The Business Brief FRIDAY, 4 SEPTEMBER 2026
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A $1.6 Billion Quant ETF Pivots to Huge Oil Bet as Adviser Exits

1 source ·1 article ·1h ago

A $1.6 billion trend-following ETF has had its outside adviser and both portfolio managers depart amid a prolonged shake-up that has seen the fund build an unusually large oil position.

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Bloomberg 1

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Bloomberg Markets ·1h ago

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

A $1.6 billion trend-following ETF has had its outside adviser and both portfolio managers depart amid a prolonged shake-up that has seen the fund build an unusually large oil position.