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US financial engineer pushes for actively-managed ETFs

Kriya, a Texas-based financial engineering company, has said actively-managed exchange traded funds (ETFs) will bring real benefits to investors because they can reduce the risk in portfolios.

A spokesman for the firm said: &quotInvestors will use actively-managed ETFs to decrease their overall portfolio risk through diversification. If the investor forecasts a turbulent period ahead, additional units of an actively managed strategy can be bought as a form of risk management.&quot

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