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Arbitrage Fund (ARBNX) - Q3 2021 Commentary 
Hedge Fund Arbitrage Fund (ARBNX) Views: 1

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The market’s tone was mixed during Q3, with optimism over economic growth combatting inflation concerns, supply chain bottlenecks, government shutdown fears, and regulatory pressure on large technology firms. While the overall market experienced muted returns and occasional spikes in volatility, event-driven managers endured fairly significant volatility during the quarter –which marked the first meaningful stumbling block for event-driven strategies after an


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