Making the Case to Buy Amid a Market Soaked in Hedge Fund Dread

  • Eaton Vance, BMO Global among fund managers adding positions
  • Long-term investors jumping on short-term volatility

Caught in a market rout that has investors retreating from risk faster than any time since 2011, fund managers with longer-term objectives are borrowing a phrase from wartime Britain: keep calm and carry on.

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