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These Hedge Funds Rose in a Volatile Month

Point72, Millennium, and others managed to stay positive in August’s downturn.

A number of multistrategy funds and quants managed to sidestep the turbulence in August’s markets to post positive numbers for the month, adding to this year’s gains.During the month these funds outperformed the Standard & Poor’s 500 stock index, which lost 1.6 percent in August, including dividends. The broader market

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