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2022 has been a challenging year for most investors — “including hedge funds,” according to Marko Kolanovic, chief global market strategist and co-head of global research at JPMorgan Chase & Co.

Over the past decade, hedge fund managers have had to deal with high volatility, macroeconomic and geopolitical risks, Kolanovic said. “The main one is the rise in inflation and the related response from central banks and…



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