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Fund managers who make use of ‘indexation’ try to find more structured and ‘rules-based’ ways to invest. This is in contrast to the more ‘active’ management styles where fund managers seek to generate outperformance by picking certain stocks, bonds and other financial...
Origins of commodity futures and the birth of financial futuresThe Japanese rice futures of the mid-18th century were the first futures to be traded on a formal futures exchange. 100 years later formal commodity futures exchanges began trading in the US and UK...