State Street Global Advisors (SSgA), the second-largest US issuer of exchange traded funds known for its SPDR range of products, recently rolled out an actively managed fund that shifts holdings with the aim of managing risk-on and risk-off investment cycles. The SPDR SSgA Risk Aware ETF (RORO) is managed by SSgA’s Active Quantitative Equity Group and deploys a proprietary quantitative …
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